U.S. Economy Grew at Unrevised 4.2% Pace in Second Quarter

The U.S. economy grew in the second quarter at an unrevised 4.2 percent pace, the fastest since late 2014, indicating a solid foundation for this quarter, Commerce Department data showed Thursday.

The revisions for GDP, the value of all goods and services produced in the U.S., are largely in sync with more recent data that show the world’s largest economy is expanding at a steady, albeit more moderate, pace this quarter.