Q2 GDP figure revised up to 6.7% from 6.6%, price index estimate unchanged

The U.S. economy grew at a 6.7% annual pace in the second quarter, revised government figures show, as the U.S. got a big jolt in the spring from government stimulus payments and coronavirus vaccines allowed businesses to reopen.

The government’s third estimate of gross domestic product for the quarter was largely in line with its prior analysis. The rise in consumer spending was slightly faster at 12% and exports were revised to show a 7.6% increase instead of 6.6%.

Previously the government reported second-quarter GDP rose at a 6.6% clip.

Other figures in the GDP report were little changed.

GDP is a regular checkup of sorts for the U.S. economy, adding up all activity from businesses, consumers and government every three months.

The U.S. has grown rapidly this year owing to massive government stimulus and Americans getting out and about after they were vaccinated.

Economic growth has slowed a bit in the third quarter because of the coronavirus delta variant, but the U.S. is still on track to expand around 5% to 6% in remaining months of the year, Wall Street DJIA, 0.08% economists forecast.