Free Republic 2nd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $72,098
89%  
Woo hoo!! And we're now over 89%!! Thank you all very much!! God bless.

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  • U.S. Economy Grew at 2.4% Rate in Second Quarter

    07/27/2023 11:29:24 AM PDT · by ChicagoConservative27 · 16 replies
    NY Times ^ | 07/27/2023 | Ben Casselman
    The economic recovery gained momentum in the spring as buoyant consumer spending and resurgent business investment helped, once again, to keep a recession at bay. Gross domestic product, adjusted for inflation, rose at a 2.4 percent annual rate in the second quarter, the Commerce Department said Thursday. That was up from a 2 percent growth rate in the first three months of the year and far stronger than forecasters expected a few months ago. Consumers led the way, as they have throughout the recovery from the severe but short-lived pandemic recession in 2020. Spending rose at a 1.6 percent rate,...