Economy Consumers, soybeans fuel US second-quarter growth Updated : July 27, 2018 06:13 PM IST Gross domestic product increased at a 4.1 percent annualised rate also as government spending picked up, the Commerce Department said in its snapshot of second-quarter GDP on Friday. January-March quarter GDP growth was revised up to a 2.2 percent pace from the previously reported 2.0 percent rate to account for new source information and methodology improvements. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.