Prior was +0.2% Services industries +0.1% vs +0.1% priorGoods -0.4% vs +0.4% priorManufacturing -1.5% vs +1.0% priorJuly advance GDP 0.0%Real gross domestic product was essentially unchanged in June, following a 0.1% increase in May. Goods-producing industries (-0.4%) saw its largest decrease since December 2023 as declines in manufacturing and construction were partially offset by increases in utilities and agriculture. Services-producing industries (+0.1%) increased for the third consecutive month in June 2024. Overall, 12 of 20 sectors expanded in June. This article was written by Giuseppe Dellamotta at www.forexlive.com.
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