The US economy grew at its fastest pace in more than two years in the second quarter, much faster than initially estimated, official data showed Wednesday.
Hitting a White House growth target for the first time in Donald Trump's presidency, Gross Domestic Product (GDP) increased 3.0 percent in the April-June period, the Commerce Department reported.
The figure was revised up a steep four tenths from the estimate published last month, due to higher personal spending and business investment.
GMT 03:40 2018 Tuesday ,23 January
Dow, S&P, Nasdaq finish at records as US goverment shutdown endsGMT 06:44 2017 Wednesday ,20 December
Tax cut passes US House, heads to Senate for crunch voteGMT 06:38 2017 Wednesday ,20 December
US Senate passes tax overhaul, teeing up Trump victoryGMT 06:45 2017 Tuesday ,19 December
Dow, S&P 500, Nasdaq close at records as US tax cut feeds rallyGMT 06:40 2017 Thursday ,07 December
Ex-VW exec gets seven years in 'dieselgate' scandalMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor