The Bureau of Economic Analysis reported on Wednesday that the - TopicsExpress

The Bureau of Economic Analysis reported on Wednesday that the first reading on 2014 2nd quarter Gross Domestic Product (GDP) surged by 4%, above the 3.2% expected and well above the -2.1% recorded in the first quarter. The gains were led by an uptick in consumer spending and business investments. Also contributing to the 4% gain was a rise in state and local government spending. GDP is the output of goods and services produced by labor and property located in the United States. EZFundingOnline

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