US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high

Economic growth in the US has been reported to be slow. Consumer spending is one area that saw an increase, which is significant given its major role in the country's economic activity. Business investment also rose, albeit at a slower pace than in previous months.

The overall growth rate was lower than expected, according to the information available. Further details on the US economy's performance can be found through the Commerce Department's report, as reported by KSAT 12.