The data is better than the forecasts of analysts, who expected an unchanged figure compared to the intermediate reading. GDP had risen by 2,1% in the fourth quarter of 2016.
The US economy grew faster in the first quarter than initially anticipated. This is what emerges from the final reading of the data released by the US Department of Commerce, according to which iGDP grew by 1,4%, against 1,2% of the intermediate estimate and 0,7% of the preliminary estimate.
The data is better than analysts forecast, who were expecting an unchanged reading from the interim reading. GDP had risen by 2,1% in the fourth quarter of 2016.
FIRSTonline is an independent web journal of economics, finance and stock exchange published by AL Iniziative Editoriali Srl with registered office in Rome, founded and controlled by Ernesto Auci e Franco Locatelli and owned by two minority shareholders (Alessandro Pavesi and Laura Rovizzi). The portal and its applications are created in daily life by two agile editorial offices, one in Milan and one in Milan Roma, and by an innovative and effective team of innovation and web managers.
