Chart of the Day: GDP Growth in Q2

The economy grew 2.6 percent in the second quarter of 2017, slightly better than the average of 2.1 percent over the past four years. Federal expenditures contributed more than usual, especially increases in defense spending. Overall, however, there’s not much of a story here. It’s a decent reading, but the big picture is that the American economy continues to do OK, but not great.

Fact:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn’t fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation so we can keep on doing the type of journalism that 2018 demands.

Donate Now