U.S. economy grew at a 2.8% pace in the second quarter, much faster than expected

That’s great news! The growth rate of a country’s economy is an important indicator of its overall health. A 2.8% growth rate is indeed faster than expected and suggests solid economic performance. It means businesses are growing, people are finding jobs, and the overall quality of life is likely improving. However, the actual impact of this economic growth can vary, and it’s also important to consider other factors like inflation, income inequality, and sustainability of growth.