US economic growth was stronger than estimated in the second quarter of the year, government data showed Thursday, but this came in a period where president Donald Trump’s fresh tariffs distorted trade flows.
Gross domestic product rose at an annual rate of 3.3 per cent in the April to June period, revised upwards from 3.0 per cent announced in July, according to the Department of Commerce.
The upward revision mainly reflected improvements in investment and consumer spending, the report said.
But overall, GDP growth in the second quarter was also bolstered by a fall in US imports, which…
