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US economy expands at revised 3.3% rate on stronger investment

Corporate profits rose 1.7% in Q2

Bloomberg News

The US economy expanded in the second quarter at a slightly faster pace than initially estimated on a pickup in business investment and an outsize boost from trade. Inflation-adjusted gross domestic product, which measures the value of goods and services produced in the US, increased at a 3.3% annualized pace, the second estimate from the […]

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