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

That’s great news! This rate of growth might indicate a healthy economic expansion, depending on other factors like inflation and employment rates. The acceleration could be due to a variety of factors such as increased consumer spending, business investments, or government spending. An economy that grows too quickly can be potentially problematic as well, causing inflation and other issues. Thus, it’s also important to understand the quality of the growth.