In the second quarter of 2016, the U.S. economy grew by 1.2% – lower than expected. The growth rate of GDP in the first quarter was 0.8%.
According to the Ministry of Commerce, the main reason for this was the first over the past five years, the decline in investment in inventories and, to a lesser extent, in production capacity.
At the same time a positive impact on the economy has the growth of consumer spending. In the past quarter, they amounted to 4.2% – the significant increase in 2014.
Previously, the Federal reserve system (FRS) noted that in the short term, risks to the national economy.