Posted on August 4, 2021 In Market Updates
FEATURED MARKET DATA

Stimulus Spurs Economic Growth
The US economy grew at an annualized real rate of 6.5% in the second quarter. While strong, results were below expectations of 8.4%. Personal consumption of 11.8% led GDP growth despite a decline in direct economic impact payments to households. Other programs including loans and grants to businesses increased in the second quarter.