31 July 2013 16:17 [Source: ICIS news]
HOUSTON (ICIS)--The ?xml:namespace>
GDP for the quarter clocked in at a 1.7% annual rate, a rise from the first quarter’s rate of 1.1%, which the bureau downwardly revised from its previous estimate of 1.8%.
The gross domestic purchases price index, which measures prices paid by US residents, increased 0.3% in the second quarter, a decrease from the Q1 rate of 1.2%.
Disposable personal income jumped 3.4% in the second quarter, compared with a decrease of 7.2% in Q1 2013.
Federal Reserve chairman Ben Bernanke told Congress in mid-July that the
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