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Updating lifts GDP's rise to 4.2%

Posted: August 29, 2014 at 3:25 a.m.

In this Aug. 7, 2014 photo a worker assembles construction supplies at Northeast Building Products in Philadelphia. The Commerce Department issues its second estimate of how fast the U.S. economy grew in the April-June quarter on Thursday, Aug. 28, 2014.

The economy in the U.S. expanded more than previously forecast in the second quarter, propelled by the biggest gain in business investment in more than two years.

photo

A graph showing the rate of growth in the gross domestic product.

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