
GDP Revised to 2.4%, Initial Claims Decline—Cooling Inflation Supports Growth Outlook
From an industry perspective, private services-producing areas increased by 2.4%, while goods-producing industries increased by 2.3%. The government’s production increased by 2.7%, promoting the increasing role of fiscal expenditure. The actual gross production expanded a total of 1.7%, with an increase of 3.1% in government production. Inflation trend is stable Price index for gross domestic…