The US economy grew stronger than expected in the second quarter, but consumers are pulling back

Gross domestic product, the broadest measure of economic output, grew by an annualized, seasonally adjusted 2.4% rate in the April-through-June period, the Commerce Department reported Thursday. That was a faster pace than in the first three months of the year and was also above economists’ expectations for a 1.8% rate, according to Refinitiv. GDP is also adjusted for inflation. Credit: Bryan Mena, CNN