Second-quarter GDP growth revised up to 4.2 percent

Gross domestic product expanded at a 4.2 percent annual rate instead of the previously reported 4.0 percent pace, the Commerce Department said, reflecting upward revisions to business spending and exports. Economists polled by Reuters had expected the second-quarter GDP growth pace would be revised down to 3.9 percent.

via Business News http://ift.tt/1lhzAHL