US fourth quarter growth revised up to 1.4% pace

GMT 12:52 2016 Friday ,25 March

Arab Today, arab today US fourth quarter growth revised up to 1.4% pace

US economy grew slightly faster than earlier estimated
Washington - Arab Today

The US economy grew slightly faster than earlier estimated at the end of 2015, expanding at a 1.4 percent pace helped by better consumer spending and exports, the Commerce Department reported Friday.

The previous estimate for the quarter was just 1.0 percent. For the full year the US economy grew 2.4 percent, the same pace as 2014.

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