U.S. economy grew 2.2% last quarter, stronger than first estimated
WASHINGTON (AP) — The U.S. economy grew at a solid 2.2% pace from April through June as consumer spending and business investment came in strong.Growth in gross domestic product — the nation’s output of a goods and services — decelerated from a 2.5% pace from January through March, the Commerce Department reported Wednesday. The second-quarter growth was an improvement on the department’s previous estimate of 1.5% — a surprise to economists who had expected li
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