The US Economy’s Second Quarter Went From Solid to Stellar

The U.S. economy grew at a far faster pace last quarter than economists first had estimated–expanding at an annual rate of 3.7 percent in the April-June quarter.

The Associated Press reported that the country’s gross domestic product was “outpacing the rest of the developed world and bolstering confidence that it will remain sturdy in coming months, despite global headwinds.”

http://bigstory.ap.org/article/ba28d70b0a814890b8419c0be17ccbab/us-economy-surged-37-percent-rate-april-june-quarter