WASHINGTON –Driven by a rise in exports, the nation's gross domestic product increased by 3.3% in the second quarter, up from an original estimate of 1.9%, the Commerce Department reported today.
Exports rose 13.2 percent in the second quarter, compared with the government's original estimate of 9.2 percent. That compares with a 5.1% rise during the first three months of 2008.
The second quarter saw a 7.6% decrease in imports, compared with an original estimate of a 6.6% decline.
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