|
The government estimated last month that the economy grew at a lackluster 1.7 percent annual rate from April through June. Economists think the growth rate will be revised up because a report last week showed that U.S. companies exported a record number of goods in June. Some analysts think the revision could increase estimated growth in the April-June period to an annual rate of around 2.3 percent. Many economists predict that growth will rebound further to a rate of about 2.5 percent in the second half of this year.
[Associated
Press;
Copyright 2013 The Associated
Press. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.