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US economy grew at a faster pace than expected in second quarter

US economy grew at a faster pace than expected in second quarter

This is a story about the final reading of second-quarter gross domestic product. Please check back for updates.The U.S. economy grew at a stronger pace than expected in the second quarter, according to the Commerce Department's estimate.The Bureau of Economic Analysis (BEA) on Wednesday released its final reading of second-quarter GDP, which showed the economy grew at an annualized rate of 2.2% in the three-month period including April, May and June.That figure topped the expectations of economists polled by LSEG, who had estimated 1.5% GDP growth in the second quarter.GET FOX BUSINESS ON THE...

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Wayne G Fraser
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State Georgia, North Carolina, South Carolina
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