Chart of the Day: GDP Growth in Q2

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The economy grew 2.6 percent in the second quarter of 2017, slightly better than the average of 2.1 percent over the past four years. Federal expenditures contributed more than usual, especially increases in defense spending. Overall, however, there’s not much of a story here. It’s a decent reading, but the big picture is that the American economy continues to do OK, but not great.