US Slightly Revises up Its GDP Estimate for Q2 to 6.7 Percent

US Slightly Revises up Its GDP Estimate for Q2 to 6.7 Percent
Ship to shore cranes work the container ship CMA CGM Laperouse at the Georgia Ports Authority's Port of Savannah in Savannah, Ga., on Sept. 29, 2021. Stephen B. Morton/AP Photo
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WASHINGTON—The U.S. economy expanded at a 6.7 percent annual pace from April through June, the Commerce Department said Thursday, slightly upgrading its estimate of last quarter’s growth in the face of a resurgence of COVID-19 in the form of the delta variant.

The government’s estimate of growth in the second quarter—its last of three—was up from its previous estimate of a 6.6 percent annual pace that will likely mark a high point for the economy’s expansion this year as the virus slows some activity, government support programs wind down and manufacturing supply-chain issues persist.