The U.S. government's main measures of growth in the nation's economy pointed in different directions in the first half of 2022, adding to the ongoing debate around the health of the economy.
Inflation-adjusted gross domestic product (GDP), or the total value of all goods and services produced in the economy, decreased at a 0.6 percent annualized rate in the April-to-June period, Commerce Department data showed Thursday. That reflects an upward revision in consumer spending; previously, the Commerce Department reported a 0.9 percent contraction.
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