A consumer uses a Discover card to purchase gas at a Sam’s Club in Madison, Mississippi, July 1, 2021. The Commerce Department confirmed on Thursday that the US economy contracted 0.6% from April to June. (` Photo: Rogelio V. Solis)
September 29, 2022
3:40 p.m
Buoyed by rising consumer prices and rising interest rates, the US economy shrank at a rate unchanged from the government’s previous estimate for the second quarter.
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