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
  • Make Me Smart
    16 hours ago
    26:01
  • Marketplace
    17 hours ago
    25:42
  • Marketplace Morning Report
    a day ago
    6:54
  • Marketplace Tech
    a day ago
    8:03
  • Million Bazillion
    4 days ago
    28:24
  • How We Survive
    8 days ago
    25:04
  • This Is Uncomfortable
    8 days ago
    26:12
  • Financially Inclined
    3 months ago
    12:30
  • The Uncertain Hour
    4 months ago
    22:50
  • Corner Office from Marketplace
    5 years ago
    20:58