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US economy grew a solid 2.2% in the second quarter, government says, upgrading previous estimate

WASHINGTON (AP) — The U. S. economy grew at a solid 2. 2% pace from April through June as consumer spending and business investment came in strong. Growth in gross domestic product — the nation’s output of a goods and services — decelerated from a 2. 5% pace from January through March, the Commerce Department reported Wednesday. The second-quarter growth number was an improvement on the department’s previous estimate of 1. 5%. Consumer spending — which accounts for about 70% of U...

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