Economy

US Economic Growth in Second Quarter Beats Expectationsi
X
August 30, 2013 12:10 AM
The U.S. economy grew at a faster pace in the second quarter than first thought. The Commerce Department says the country’s gross domestic output increased at an annual rate of 2.5 percent from April to June - a marked improvement from the initial estimate of 1.7 percent. Analysts say the latest figure suggests the U.S. recovery is gaining momentum. Mil Arcega has more for VOA.

US Economic Growth in Second Quarter Beats Expectations

Published August 29, 2013

The U.S. economy grew at a faster pace in the second quarter than first thought. The Commerce Department says the country’s gross domestic output increased at an annual rate of 2.5 percent from April to June - a marked improvement from the initial estimate of 1.7 percent. Analysts say the latest figure suggests the U.S. recovery is gaining momentum. Mil Arcega has more for VOA.


You May Like

Missouri Town Braces for Possible Racial Unrest

Situation in Ferguson hinges on whether white police officer will be indicted for August shooting death of unarmed black teen More

Video Ukraine Marks Anniversary of 1930s Deadly Famine

President Poroshenko compares Soviet-era ‘genocide’ to current tactics of pro-Russia rebels in Ukraine's east More

S. Philippines Convictions Elusive 5 Years After Election-related Killings

Officials vowed to deliver justice as the nation marked the anniversary of the country's worst political massacre that left 58 dead, more than half media More