Forex Top Story

U.S. GDP Growth Unexpectedly Upwardly Revised To 4.2% In Q2

Economic activity in the U.S. grew by slightly more than initially estimated in the second quarter, according to a report released by the Commerce Department on Wednesday.

The report said real gross domestic product climbed by 4.2 percent in the second quarter compared to the previously reported 4.1 increase. The pace of growth had been expected to be downwardly revised to 4.0 percent.

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by RTTNews Staff Writer

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