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Thread: U.S. Second-quarter GDP Revised Up

  1. #1

    U.S. Second-quarter GDP Revised Up

    Let's take a break from Hurricane Harvey, Antifa, and monuments for some good news.

    WASHINGTON (Reuters) - The U.S. economy grew faster than initially thought in the second quarter, notching its quickest pace in more than two years, and there are signs that the momentum was sustained at the start of the third quarter.

    Gross domestic product increased at a 3.0 percent annual rate in the April-June period, the Commerce Department said in its second estimate on Wednesday. The upward revision from the 2.6 percent pace reported last month reflected robust consumer spending as well as strong business investment.
    http://www.reuters.com/article/us-us...-idUSKCN1BA1JN
    "Pain heals. Chicks dig scars. Glory... lasts forever." - Shane Falco

  2. #2
    The future looks brighter than ever! Just wait until the "Harvey Bump".

  3. #3
    Oh boy.........yet another one...
    You can't be a real country unless you have a beer and an airline. It helps if you have some kind of a football team, or some nuclear weapons, but at the very least you need a beer. -Frank Zappa

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