Expansion of economy revised up
Increase of 2.5% tops 1st estimate
Posted: August 30, 2013 at 2:45 a.m.
The U.S. economy expanded by more than estimated in the second quarter, the Commerce Department reported Thursday, providing evidence to economists that growth is picking up as the nation overcomes the effects of federal tax increases and budget cuts.
This story is only available from our archives.
Front Section, Pages 1 on 08/30/2013