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Usa: fourth quarter GDP grows by 2,8%, below expectations

Analysts had expected a hike to 3% - Today's Commerce Department data is the mid-term review.

Usa: fourth quarter GDP grows by 2,8%, below expectations

Fourth-quarter U.S. gross domestic product grew 2,8%. The data, communicated by the Department of Commerce, is slightly lower than the estimates.

Analysts who had expected a 3% increase. It should be noted that the one published today is the interim revision of GDP for the fourth quarter. In the previous three months, gross domestic product had grown by 1,8%.

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