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U.S. GDP grows at annual rate of 2.8 pct in Q2

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WASHINGTON, July 25 (Xinhua) -- The U.S. gross domestic product (GDP) growth rate rose at an annual rate of 2.8 percent in the second quarter of this year, the U.S. Department of Commerce reported in an "advance" estimate released on Thursday.

The latest data exceed expectations by economists previously surveyed by Dow Jones, who had been looking for growth of 2.1 percent.

This marks an acceleration from