Commerce Department confirms Q2 growth rate of 2.5%

09/26/2013 | MarketWatch

The Commerce Department confirmed on Thursday that the U.S. economy grew at a rate of 2.5% in the second quarter. At the same time, export growth was revised downward to 8% from the earlier estimate of 8.6%. Economists forecast a slowdown in the current quarter to a 1.9% annual pace of growth.

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