GDP, jobless claims readings show US economy remains steady

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The latest second quarter gross domestic product (GDP) estimate saw 3% annualized growth in the US economy. This third estimate confirms that economic growth in the second quarter was higher than the 1.4% growth in the first quarter.

Meanwhile, jobless claims data for the week ending Sept. 21 signaled a decline in the number of people filing for unemployment benefits. The Department of Labor saw 218,000 unemployment claims filed, coming in below Wall Street's expected 223,000. This marks the lowest level since mid-May.

Yahoo Finance Markets Reporter Josh Schafer joins Morning Brief to dig into the prints and break down what they signal about the overall health of the US economy.

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This post was written by Melanie Riehl.