Economists had expected worse. U.S. growth amounted to 1.6% in the second quarter, according to the second estimate of the Department of Commerce presented this Friday. A figure down 0.8 points from the first estimate and that betrays the slowdown after growth of 3.7% in the first quarter.
The difference is explained by taking into account the last calculation, external trade, the main weakness of the U.S. economy. "The slowdown reflects a sharp increase in imports," said Department of Commerce. The end of the replenishment of stocks by enterprises has also contributed to the resumption of breath.
More details to come …