US Q2 GDP growth unrevised at 2.1%; weekly jobless claims edge higher

A view of the central business district in New York.– Bloomberg

WASHINGTON: The U.S. economy maintained a fairly strong pace of growth in the second quarter, the government confirmed on Thursday, and appears to have gathered momentum this quarter amid a resilient labor market.

Gross domestic product increased at an unrevised 2.1% annualized rate last quarter, the Commerce Department said in its third estimate of GDP for the April-June period on Thursday.