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U.S. Second-Quarter Growth Revised Down to 2% Pace From 2.1%

  • Stronger consumption offset by weakness in other categories
  • Exports, inventories, residential, governments revised lower
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Photographer: Andrew Harrer/Bloomberg
Updated on

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U.S. economic growth decelerated in the second quarter by more than initially reported, suggesting President Donald Trump’s trade actions are weighing more heavily on the pace of expansion.