US Economy Grew 2.2%, Up From 1.5% First Reported

U.S. economy grew at a 2.2% yearly pace in the second quarter, up from 1.5% first reported by the BEA in Sept. 30 data. Yearly pace means the three-month speed stretched over a year. I read this as steady growth, not a slowdown: it beat the 2.1% Reuters economist forecast, with household spending up 3.2%, Reuters reported.