Home market Positive Economic Indicators in the United States in Q2 2023

Positive Economic Indicators in the United States in Q2 2023

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Positive Economic Indicators in the United States in Q2 2023

– The GDP of the United States of America experienced a 2.40 percent growth in the second quarter of 2023 compared to the previous quarter.
– The number of initial jobless claims in the US decreased to 221,000, showing a decline of 7,000 from the previous week’s unrevised level of 228,000. The 4-week moving average also dropped to 233,750, down by 3,750 from the previous week’s average of 237,500.
– In June 2023, new durable goods orders in the US saw a significant increase of 4.7% compared to the previous month, surpassing market expectations of a 1% rise. This marked the largest surge since July 2020.