| | | | | | To view this email as a webpage, click here | | |  | | | | Thursday August 29 2013 | | | | | | |
| | | US growth revised upwards to 2.5% | | | The US economy grew by 2.5 per cent in the second quarter at an annualised rate after a solid upward revision from the initially reported figure of 1.7 per cent.
A large revision to trade figures, with exports revised upwards and imports revised down, was the main source of the change. That suggests the US may not yet be suffering as much as expected from the slowdown in emerging markets.
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