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      US Economy Grows by 2.2% in Final Q2 Report

      The United States economy experienced a growth rate of 2.2% in the final report for the second quarter of 2026, surpassing the consensus estimate of 1.5%. This growth reflects a robust economic performance as the country continues to recover from previous downturns.

      In addition to the GDP growth, the Personal Consumption Expenditures (PCE) price index rose by 5.0% in the same quarter. This figure indicates ongoing inflationary pressures within the economy. The core PCE, which excludes food and energy prices, increased by 3.3%, slightly below the consensus forecast of 3.6%.

      These economic indicators suggest that while the U.S. economy is expanding, inflation remains a significant concern for policymakers and consumers alike. The data will likely influence future monetary policy decisions by the Federal Reserve as it navigates the balance between growth and inflation.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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