First-quarter GDP growth revised down to 1.6% rate

The economy grew at an inflation-adjusted 1.6% annual rate in the first quarter, the Bureau of Labor Statistics reported Thursday in an updated estimate of gross domestic product. Thursday’s report revised the growth rate, which is adjusted for seasonal variations, down by 0.4 percentage points from the initial reading. Dan North, a senior economist with […]
Source
Washington Examiner
Opens original article in a new tab


