US Economic Growth Estimate Sees Boost as Commerce Dept. Revises 2nd-Quarter GDP Number

US Economic Growth Estimate Sees Boost as Commerce Dept. Revises 2nd-Quarter GDP Number
Shoppers walk along a street in New York City on July 5, 2019. Spencer Platt/Getty Images
Tom Ozimek
Tom Ozimek
Reporter
|Updated:

The U.S. economy grew a little faster in the second quarter than previously estimated, with the Commerce Department lifting its growth-rate projection to 6.6 percent.

U.S. gross domestic product (GDP) grew 0.1 percentage point faster in the second quarter than the Commerce Department’s earlier estimate of 6.5 percent, the government agency said in a statement on Aug. 26, with the routine revision driven by the availability of more complete source data.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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