First-quarter U.S. GDP growth revised up to 0.8 percent
by Adam Rombel
Date: 5/27/2016 at 13:28:17
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U.S. economic growth slowed in the first three months of the year, but not quite as much as first reported a month ago.
The U.S. Commerce Department’s Bureau of Economic Analysis (BEA) today revised upward its first-quarter estimate of the nation’s real gross domestic product (GDP) growth to 0.8 percent, from the 0.5 percent it reported on April 28.