What a relief. The deep economic contraction earlier this year was temporary after all.
New data released Wednesday show the U.S. economy bounced back in the spring, growing at a 4% annual pace in the second quarter. That was even better than the forecast of 3% growth, according to a consensus of economists surveyed by CNNMoney.
After terrible start to the year, the U.S. economy bounces back - Jul. 30, 2014
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