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Usa: fourth quarter GDP +0,1%, revised upwards preliminary estimate

Analysts were expecting an increase of 0,5%, after -0,1% in the first estimate and +3,1% in the third quarter.

Usa: fourth quarter GDP +0,1%, revised upwards preliminary estimate

The US economy grew at a very slow pace in the fourth quarter of 2012, but the figure is still better than the contraction expected in last month's preliminary estimate. 

According to the fourth quarter GDP interim review reported by the US Department of Commerce, GDP grew by 0,1%. Analysts were expecting an increase of 0,5%, after -0,1% in the first estimate and +3,1% in the third quarter.

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