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

Photogallery Americans Celebrate Thanksgiving With Feasts, Festivities

Holiday traditions include turkey dinners, 'turkey trots,' American-style football and New York parade with giant balloons More

Video For Obama, Ferguson Violence is a Personal Issue

With two years left in term, analysts say, president has less to lose by taking conversation on race further More

Video Italian Espresso Expands Into Space

When Italian astronaut Samantha Cristoforetti headed for the ISS, her countrymen worried how she would survive six months drinking only instant coffee More