✉news BusinessEconomy first seen 13 h ago, last 9 min ago, peak #1

US economy grew 2.2% in spring, revised upward

Original: US economy grew 2.2% this spring, more than initially estimated

The US economy expanded at a 2.2% annualized rate this spring, according to revised figures showing stronger growth than initially estimated. The upward revision points to steadier consumer and business activity than first believed. Analysts and commentators are weighing what the stronger data means for the outlook and for Federal Reserve policy.

Why now: Fresh government data revised spring growth estimates upward, prompting discussion about the economy's strength.

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Evidence

• US economy grew 2.2% this spring, more than initially estimated · CNN

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