U.S. economy grew at brisk 4.2 percent rate in second quarter

SHARE U.S. economy grew at brisk 4.2 percent rate in second quarter

WASHINGTON — After a bleak start to the year, the U.S. economy rebounded vigorously in the April-June quarter, growing at a brisk annual rate of 4.2 percent, slightly faster than first estimated.

The upward revision supported expectations that the second half of 2014 will prove far stronger than the first half.

Read more at Early & Often.

The Latest
We cannot continue to succeed if one of our most important transportation corridors continues to fail.
Just last week, a group of historians warned President Joe Biden that today’s threats to democracy are similar to the pre-Civil War era and the homegrown sympathy for fascism before World War II.
They were standing on the sidewalk about 9 p.m. in the 3300 block of West Harrison Street when someone inside a black car fired shots.
Much of the Illinois Department of Transportation’s funding for this program is coming from the state’s $45 billion Rebuild Illinois Capital Plan but almost $16 billion more is expected to come in from the federal government.