Amending data shows that the US economy atrophy 0.6% in the second quarter

Xinhua News Agency, Washington, August 25th (Reporter Xu Yuan) Amendment data released by the US Department of Commerce on the 25th shows that in the second quarter of this year, the GDP of the United States declined by 0.6%at the annual rate of annual rate, which was 0.3 from the initial data released at the end of the month.Percent, but still shrinking for two consecutive quarters.

The correction data shows that in the second quarter, the US personal consumption expenditure increased by 1.5%, which was 0.5 percentage points from the initial data; non -residential fixed assets of non -residential fixed assets reflecting the investment status of enterprises increased by 0.1 percentage points compared with the initial data.

At the same time, the contribution of net exports to economic growth was 1.42 percentage points, a decrease of 0.01 percentage points from the initial data; private inventory investment dragged the economy by 1.83 percentage points, which was slightly better than the initial data.

The U.S. Department of Commerce usually estimate the quarterly economic data based on continuous information.The final economic data in the second quarter of this year will be announced on September 29.

[Editor in charge: Feng Li]

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