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PBS News Hour
What new GDP numbers say about strength of U.S. economy
The newest GDP data suggests the U.S. economy is slowing down. Consumers are still spending and companies are still hiring and investing, but it’s not at the same pace as last year. At the same time, the economy continues to defy predictions of an imminent recession. Economics correspondent Paul Solman reports on what the numbers tell us and how that squares with how Americans feel about it all.
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This episode is the July 19, 2023 broadcast.