US economic growth estimate raised to 4.6%


(MENAFN- AFP) The US economy grew at a robust annual rate of 4.6 percent in the second quarter, stronger than previously estimated, the Commerce Department reported Friday.

The department, which last month raised the growth estimate to 4.2 percent, said it had more complete data that showed larger increases in business investment and exports.


AFP

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.