US economy grew a solid 2.2% in the second quarter, government says, upgrading previous estimate
The U.S. economy grew by 2.2% in the second quarter, according to an upgraded report from the Commerce Department. Growth was driven by strong consumer spending and business investment.
WASHINGTON (AP) — The U.S. economy grew at a solid 2.2% pace from April through June as consumer spending and business investment came in strong. Growth in gross domestic product — the nation’s output of a goods and services — decelerated from a 2.5% pace from January through March, the Commerce Department reported Wednesday. The...
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