# Last Quarter's GDP Growth revised upward to 3%

**URL:** <https://discussion.fool.com/t/last-quarters-gdp-growth-revised-upward-to-3/108400>\
**Category:** Macro Economic Trends and Risks\
**Created:** [August 29, 2024, 11:07pm UTC](https://discussion.fool.com/t/last-quarters-gdp-growth-revised-upward-to-3/108400 "2024-08-29T23:07:42Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![tjscott0](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/tjscott0/32/1083_2.png) [@tjscott0](https://discussion.fool.com/u/tjscott0)\
**Post date:** [August 29, 2024, 11:07pm UTC](https://discussion.fool.com/t/last-quarters-gdp-growth-revised-upward-to-3/108400/1 "2024-08-29T23:07:42Z")

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[https://www.usnews.com/news/business/articles/2024-08-29/us-economic-growth-for-last-quarter-is-revised-up-to-a-solid-3-annual-rate](https://www.usnews.com/news/business/articles/2024-08-29/us-economic-growth-for-last-quarter-is-revised-up-to-a-solid-3-annual-rate)  
_The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said in an upgrade of its initial assessment_  
This positive development would seems to contradict a Fed interest rates cut.  
Well we will see on September 18th what the Fed decides.