U.S. Economy Grows at 3.3% Pace in Q2, Easing Inflation Strengthens Outlook

by Emmitt Barry, with reporting from Washington D.C. Bureau StaffWASHINGTON (Worthy News) – The U.S. economy grew faster than previously estimated in the second quarter, expanding at a 3.3 percent annualized rate, the Commerce Department reported Thursday. The stronger reading points to resilient consumer and business spending despite the drag from high borrowing costs and trade frictions.The figure surpassed both the government’s initial “advance” estimate of 3 percent a