Us Economy’s Growth Rated Boosted to 4.2 Percent

(From The Washington Examiner)

The U.S. economy grew 4.2 percent in the three months through June, slightly faster than initially reported and the most in four years.

The improvement of 10 basis points reflects more complete data than were available for last month’s calculation by the Bureau of Economic Analysis, including an improvement in commercial and industrial investments and a drop in imports.

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