Second-quarter GDP jumps 4.1% for best pace in nearly four years

Good economic news:

  • Gross domestic product increased 4.1 percent in the second quarter, matching Reuters estimates.
  • Strong consumer and business spending as well as a surge in exports ahead of retaliatory tariffs from China helped drive economic growth.
  • The last time the economy grew this quickly was in the third quarter of 2014.

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Doug Santo