China News Service, July 28. According to data released by the U.S. Department of Commerce on the 28th, in the second quarter of 2022, the U.S. real gross domestic product (GDP) fell at an annual rate of 0.9% after falling by 1.6% in the first quarter. .

The slight decline in the second quarter largely reflected an upturn in exports and a small drop in federal government spending, the Bureau of Economic Analysis said.

(Zhongxin Finance)