The report, the second of three estimates for GDP, shows that the economy bounced back after a contraction in the first quarter.

The U.S. expanded at a 3% annual pace in the second quarter, masking signs of weakness in the economy as businesses and consumers grappled with how to respond to ongoing trade wars.

The U.S. economy grew faster than initially thought in the second quarter, in part driven by business investment in ...

The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.

The economy expanded at a 3.3% annual pace between April and June as GDP rebounded from a sharp slowdown in the first quarter.

India's GDP growth rate came in at 7.8% year-on-year in April-June, picking up from 7.4% in the previous three months.

The growth in GDP, adjusted for inflation and seasonal variations, was stronger than economists expected and allays fears about a possible recession.

In normal times that's a below-average rate of growth. The details of the GDP report showed several areas of softness in the second quarter, along with a few encouraging signs.