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According to the article, “Economic Growth Accelerates, Defying Slowdown Expectations”, Gross Domestic Product (GDP), a broad measure of national output in the 2nd quarter of 2023, grew at the annual rate of of 2.4%, stronger than economists expected and above the 2% growth in the first three months of the year.  Which component(s) of GDP (C, I, G, NX) contributed to the increase in real GDP in the 2nd quarter of 2023?  Do you think that the economy will continuously grow in the future?  Why do you think some economists worry about a possible recession in the near future?  Briefly discuss your reasoning.

Source:  Sarah Chaney Cambon; Robles, Christian “Economic Growth Accelerates, Defying Slowdown
Expectations”, Wall Street Journal, Eastern Edition; New York, N.Y. [New York, N.Y], 28 July 2023.

Tip for finding an article with Proquest (combined)

1)   Click “Statford Library from Homepage on Canvas.
2)   Click “DATABASES ” from the Library Homepage.
3)   Click “Proquest (combined)” (***If you are using the internet at home, you should login with your LancerPoint username and password.
4)   Click “Publications” and find the Wall Street Journal, New York, NY.
5)   Find the published date from the Wall Street Journal.
6)   Find an article you are looking for.