The US economy grew 3.9% in the second quarter, better than previously reported.
The GDP rise was led by consumer spending on health care, food services, and accommodation, according to the Bureau of Economic Analysis (BEA).
Economists had forecast that the third and final estimate of gross domestic product (GDP) was 3.7%, unchanged from the prior estimate. Second quarter consumption was revised up to 3.6% from 3.1%.
The average of GDP and gross domestic income (GDI) rose 0.7%, versus 0.4% in Q1. The new measure was introduced in the last quarter as a new way to gauge the economy's strength and correct the error that makes both different when, in theory, they should be equal.
The BEA also released personal consumption expenditures, a measure of consumer spending that serves as a gauge of inflation and is preferred by Federal Reserve chair Janet Yellen. It was 2.2% for Q2, unchanged from the prior estimate.
"Core" PCE", which excludes volatile food and energy prices, was 1.9%, beating the forecast for 1.8%.
Following the release, US stock futures lost a bit of their strong overnight rally, with Dow futures up more than 200 points.
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