"... The U.S. economy grew strongly in the second quarter, up 4.0 percent and recovering from a very disappointing first quarter. With that said, the first quarter data was revised again, improving slightly from a decline of 2.9 percent to a decline of 2.1 percent. The second quarter data were higher than the consensus estimates and mostly reflected an economy that has rebounded from weaknesses earlier in the year, including winter disruptions. Still, real GDP growth in the first half of 2014 was soft overall, increasing just 0.9 percent. ..."
Read the entire article: http://www.shopfloor.org/2014/07/real-gdp-rebounded-strongly-in-the-second-quarter-up-0-9-percent-in-the-first-half-of-2014/31859