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US Q2 GDP Growth Revised Upward to 2.2%

US GDP growth for the second quarter was revised upward to 2.2%, from a previous estimate of 1.5%, the Commerce Department reported.

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01:01:00 PM UTC
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Second-Quarter GDP Growth Climbs to 2.2% in Third Estimate
01:08:05 PM UTC
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US second โ€“ quarter GDP revised higher amid robust consumer spending

S. S. 5%, signaling the economy remained strong despite inflationary pressures from the war in Iran.