Is the Economy Really Growing at 1.2%

Headline second quarter advance GDP estimate is 1.2 %,upfrom last quarter's downward revised 0.8 %. Yet the year-over-year GDP growthdeclinedfrom 1.6 % to 1.2 %.The advance estimate of second quarter 2016 Real Gross Domestic Product (GDP) is a positive 1.2 %. This is a moderate improvement from the