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Investments, spending accelerate Q2 GDP growth

Economy expands 4.6%, fastest pace since 2011; company profits surge

Washington THE US economy expanded in the second quarter at the fastest rate since the last three months of 2011 as companies stepped up investment and households boosted spending. Gross domestic product (GDP) grew at a revised 4.6 per cent annualised rate, up from a previous estimate of 4.2 per