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Economy shows resilience as GDP rises in Q2
Economists say the economy remains strong despite high energy prices with GDP rising at a 3.4 percent annualized pace in Q2, reaching $11.1 trillion. White House officials tout growth as proof of policy effectiveness while analysts expect further improvements in jobs and wages amid inventories adjustment and an unemployment rate near 5 percent.
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Washington
Thea
Commerce Department
Ken Mayland
ClearView Economics
United States
White House
Scott McClellan
GOP
Sherry Cooper
BMO Nesbitt Burns