4 minutes ago WASHINGTON (Reuters) - Expansion accelerated modestly in the second quarter as government stimulus payments helped consumers add more buying punch to the economy, a Commerce Department report on Thursday showed.Gross Domestic Product or GDP grew at a 1.9 percent annual rate, up from a revised 0.9 percent rate in the first quarter that previously was reported as 1 percent.
Economists surveyed by Reuters had expected a 2.0 percent rise in GDP in the second quarter.
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