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Second-quarter GDP jumps 4.1% for best pace in nearly four years
[CNBC]
  • Gross domestic product increased 4.1 percent in the second quarter, matching Reuters estimates.

  • Strong consumer and business spending as well as a surge in exports ahead of retaliatory tariffs from China helped drive economic growth.

  • THE LAST TIME the economy grew this quickly was in the third quarter of 2014.


Posted by: Fred 2018-07-28
http://www.rantburg.com/poparticle.php?ID=519487