US GDP Growth Revised Upwards to 3.3% in Second Quarter

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US GDP Growth Revised Upwards to 3.3% in Second Quarter
Photo: Julia Demaree Nikhinson/AP/TT

The US economy is gaining momentum. The country's GDP (gross domestic product) is revised upwards to 3.3 percent in annual rate during the second quarter. This can be compared to a preliminary calculation of 3.0 percent and was also higher than the 3.1 percent that market economists had forecast.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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