Commerce Dept: US Economy Expanded 3.9% in 2Q, Tops 3.7% Projection
The U.S. economy expanded at a 3.9-percent annual pace in the second quarter of calendar year 2015 to beat the government’s estimate of 3.7 percent reported in August and mark the second consecutive quarter of an upward revision. A 3.6-percent jump in consumer spending and a 4.1-percent increase in construction spending were among the drivers of U.S. gross […] More