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US Economic Growth in Second Quarter Beats Expectationsi
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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.