US economy adds 4% in second quarter

(ANSA) - New York, July 30 - United States GDP exceeded expectations to grow by 4% in the second quarter, the US Department of Commerce reported Wednesday.
    Gains in consumer spending (up 2.5%) and business investments (5.9%) as well as a rise in both imports (11.7%) and exports (9.5%) fueled the unexpected rise in GDP after a 2.1% drop in the first quarter.
    The GDP data is not expected to affect US Federal Reserve monetary policy in the short term, analysts said.