(Adds analysis, market reaction) By Glenn Somerville WASHINGTON, Sept 29 (Reuters) - The U.S. economy grew faster in the second quarter than previously thought as business inventories rose at the strongest rate in four years, the government said on Wednesday, a sign the soft patch was not as soft as feared. U.S. gross domestic product -- the measure of total output within the nation's borders -- expanded at a revised 3.3 percent annual rate in the April-June second quarter. That was ...
Premium Content (PAID Subscription Required)
"WRAPUP 2-U.S. economic growth slowdown less than thought" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.