Investment was driven largely by a surge in the mining sector, prompted by higher world energy prices.
Washington, DC—(ENEWSPF)—July 27, 2018
By: Dean Baker
Gross Domestic Product (GDP) grew at a 4.1 percent annual rate in the second quarter, the strongest pace since a 4.9 percent rate in the third quarter of 2014. (Growth had been 5.1 percent in the second quarter.) By far the largest contributor to this growth was a 4.0 percent rate…
