The U.S. economy expanded at an annualized pace of 4.2 percent in the second quarter, the Commerce Department said Thursday.
That matched the agency’s estimate from a month ago. Economists had expected a slight upward revision to 4.3 percent.
The report confirmed that the economy grew at a robust pace in the April through June period. Economists expect the economy has continued to expand in the third quarter, although at a somewhat slower pace.