BSS, Washington :
The roaring growth recorded by the US economy in the second quarter was even faster than first reported, with new numbers showing a bigger boost in corporate spending, the government reported Wednesday.
Gross Domestic Product advanced at an annual rate of 4.2 percent in the April-to-June period, a tenth of a point faster than initial estimates showed last month and still the fastest growth in almost four years, according to the Commerce Department.
Economists had instead been expecting a slight downward revision.
Gross Domestic Product advanced at an annual rate of 4.2 percent in the April-to-June period, a tenth of a point faster than initial estimates showed last month and still the fastest growth in almost four years, according to the Commerce Department.
Economists had instead been expecting a slight downward revision.
