Economy Grew 2.3 Percent in Second Quarter

(The Hill) The U.S. economy grew 2.3 percent in the spring, as the economy bounced back from a brutal winter.

The new numbers reported Thursday by the Department of Commerce are a bit lower than what economists expected, but show a rebound from the dismal first quarter of the year.

The U.S. economy grew 2.3 percent in the spring, as the economy bounced back from a brutal winter.

The new numbers reported Thursday by the Department of Commerce are a bit lower than what economists expected, but show a rebound from the dismal first quarter of the year.

The new numbers could put to rest lingering concerns that the U.S. economy could be in much worse shape than previously thought. The last few years have seen the economy show poor numbers in the first quarter of the year, only to bounce back as the year progressed. And Thursday’s report continues that trend.

Read More Here