American Economy Grew 1.7 Percent in Second Quarter
Faster growth than many economists expected
The US economy grew at an annualised pace of 1.7% in the second quarter of the year, the Commerce Department has said.
That was a faster pace than expected by economists.
It was also up from the growth rate for the first three months of 2013, which was revised lower to 1.1% from 1.8%.
A slowdown was widely expected due to the impact of federal spending cuts, but also from the continuing weakness in the global economy.
