US Q2 economic growth revised up to 3.7%

WASHINGTON, D.C.: The US economy grew much stronger than expected in the second quarter, bouncing back from a weather-battered first quarter, government data showed Thursday.

The world's largest economy expanded at a annual rate of 3.7 percent in the April-June period, after a 0.6 percent pace in the first three months of the year, the Commerce Department reported.