WASHINGTON - The US Commerce Department raised its estimate for US economic growth to 4.2% Thursday, confirming the solid rebound from the first quarter's steep contraction.
Cranes stand over a construction site in Miami, Florida on July 7, 2014. (AFP photo)
The department said a fuller set of data showed a higher level of fixed investment by companies and the government, contributing to the 0.2 point upward revision from July's number.
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