U.S. second-quarter growth revised up to 4.2% on software, trade

UNITED STATES gross domestic product grew at a 4.2% annualized rate, a slightly faster pace than previously estimated on revisions to imports and software spending. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE
UNITED STATES gross domestic product grew at a 4.2% annualized rate, a slightly faster pace than previously estimated on revisions to imports and software spending. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE
NEW YORK - The United States economy expanded in the second quarter at a slightly faster pace than previously estimated on revisions to imports and software spending, bolstering the strongest period of growth since 2014, according to Commerce Department data released Wednesday. Highlights of second-quarter GDP (Second estimate) Gross domestic product grew at a 4.2% annualized…

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