Marketplace®

Daily business news and economic stories

Second quarter GDP revised upward

There's news today U.S. economy was surprisingly strong — once upon a time.

When we last checked in with government statisticians, they though the economy grew at an annual rate of 1.7 percent. Today, a surprisingly strong revision upward. Now, gross domestic product grew 2.5 percent from April to June, which helps build the argument that the Federal Reserve will ratchet back on its stimulus program. Diane Swonk, chief economist at Mesirow Financial in Chicago, tells Marketplace what this means for the economy.

Related Topics

Latest Episodes

View All Shows
  • Marketplace Tech
    an hour ago
    10:08
  • Marketplace
    13 hours ago
    25:51
  • Make Me Smart
    19 hours ago
    21:10
  • Marketplace Morning Report
    20 hours ago
    6:50
  • This Is Uncomfortable
    4 days ago
    4:41
  • Million Bazillion
    a month ago
    32:45