U.S. GDP Growth in First Quarter Revised Up to 1.1% Rate - News Summed Up

U.S. GDP Growth in First Quarter Revised Up to 1.1% Rate


Gross domestic product, the broadest measure of goods and services produced across the U.S., grew at a seasonally adjusted annual rate of 1.1% in the first quarter, the weakest pace in a year, the Commerce Department said... WASHINGTON—The U.S. economy expanded more than previously thought in the first three months of the year, but the subdued pace overall suggests it remains vulnerable to a new round of global economic turmoil.


Source: Wall Street Journal June 28, 2016 12:33 UTC



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