Worthy Christian News » US Economy Grows 4 Percent This Quarter

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Worthy Christian News » US Economy Grows 4 Percent This Quarter

NEW YORK (Worthy News)– U.S. economic growth accelerated more than expected in the second quarter and the decline in output in the prior period was less steep than previously reported, which could bolster views for a stronger performance in the last six months of the year, CNBC reported.

Gross domestic product expanded at a 4.0 percent annual rate as activity picked up broadly after shrinking at a revised 2.1 percent pace in the first quarter, the Commerce Department said on Wednesday. — Source

Related News on the Internet

US confidence jumps in July as consumers see better days ahead – CNBC
Consumers were more confident about the economy in July than they have been in at least six years, The Conference Board said Tuesday, as stock markets float near record highs and expectations build for the recovery.

Economy springs back in nearly every sector – Washington Times
The U.S. economy snapped back this spring from a winter down spell, growing at a robust 4 percent annual rate in the second quarter, the Commerce Department reported Wednesday.

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One Comment

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  • David M. Brefka
    31 July 2014 at 1:40 pm - Reply

    Yeah, Right… he said incredulously.

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