U.S. Bureau of Labor Statistics (BLS) unemployment report

Biden Announces Historic U.S. Economy as GDP Grows 2.8% in Stronger Than Expected Q2

Jul 25, 2024, 01:21 PM

U.S. President Joe Biden announced that the latest GDP report indicates the U.S. has the strongest economy in the world. The report shows that U.S. economic growth accelerated briskly in the second quarter, with GDP increasing at a 2.8% rate. This growth is attributed to the leadership of President Biden and Vice President Harris, who have focused on building an economy from the bottom-up and middle-out. The U.S. economy is pulling off something historic with stronger than expected Q2 GDP numbers.