Q2 growth revised upwards on consumer spending, construction
Fed's view that US will overcome any fallout from cooling overseas markets gets boost
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Washington
THE world's largest economy expanded more than previously forecast in the second quarter, boosted by gains in consumer spending and construction that may help the US withstand a global slowdown.
Gross domestic product rose at a 3.9 per cent annualised rate, compared with a prior estimate of 3.7 per cent, Commerce Department figures showed on Friday in Washington.
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