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New estimate raises second quarter economic growth to 4.2%


Economic growth for the second quarter was even better than we thought.
Real US gross domestic product grew at an annualized rate of 4.2% last quarter, the Bureau of Economic Analysis reported Wednesday. That's up from 4.1% in its first estimate.
The new number is based on more complete data, which for the second quarter included higher business investment and lower imports.
It ...

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