US Second-Quarter Economic Growth Unrevised; GDI Revised Sharply Higher

USA ECONOMY - WASHINGTON. U.S. economic growth accelerated in the second quarter amid strength in consumer spending, the government confirmed on Thursday.

Gross domestic product increased at an unrevised 3.0% annualized rate last quarter, the Commerce Department's Bureau of Economic Analysis said in its third estimate of second-quarter GDP on Thursday. Economists polled by Reuters had forecast GDP would be unrevised at a 3.0% pace.

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