Final correction data shows that the US GDP atrophy 0.6% in the second quarter

Xinhua News Agency, Washington, September 29 (Reporter Xu Yuan) The final correction data released by the US Department of Commerce on the 29th shows that the total domestic product (GDP) in the second quarter of this year calculated 0.6%at an annual rate, and the revised data announced beforeHold.

The data shows that at the annual rate, in the second quarter of this year, about 70%of the personal consumption expenditure of about 70%of the US economy increased by 2%, which was 0.5 percentage points compared with the amendment data announced earlier.The investment in non -residential fixed assets that reflect the investment in the enterprise increased by 0.1%, which was 0.1 percentage points from previously raised.

At the same time, net exports helped the annual economic growth of 1.16 percentage points, which was reduced by previous data.Private inventory investment has dragged down 1.91 percentage points, which worsen than previous data.

In addition, the US economy in the first quarter of this year calculated 1.6%at an annual rate, which also means that the US economy has declined in two consecutive quarters and has fallen into a technological decline.

The US Department of Commerce usually estimate the quarterly GDP data based on continuous information.The Ministry of Commerce will announce the preliminary GDP data in the third quarter on October 27, 2022.

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