GREAT AGAIN: Soaring US Economy Records Best Growth In Four Years
Gross domestic product has increased at a 4.2 percent annualised rate, the Commerce Department said today, in its second estimate of GDP growth for the April-June quarter.
That was slightly up from the 4.1 percent pace of expansion it reported in July and was the fastest rate since the third quarter of 2014.
Businesses spent more on software than previously estimated in the second quarter and the nation also imported less petroleum.
FOLLOW THE LINK FOR THE FULL REPORT – JR