Gross Domestic products rose higher than expected..

Gross domestic product rose at a 3.3 percent in the second quarter, the Commerce Department said, which was a significant jump over the original estimate of 1.9 percent growth. G.D.P., the broadest measure of the nation’s economic activity, is considered a good barometer of America’s economic health.

On Wall Street, the markets responded positively on the strength of the report. The Dow Jones industrial average was up more than 200 points, or 1.8 percent in late afternoon trading, and the broader Standard & Poor’s 500-stock index was up 1.47 percent.

While parts of the country are still hard hit? This is promising news considering the recent discussion as to are we in a recession or a slump...