US economic growth in Q1 upgraded to 1.4 percent
Posted: Thu Jun 29, 2017 6:53 am
ABC News - 6/29/2017 - Josh Boak AP - The U.S. economy got off to a lackluster start during the first three months of 2017, though it enjoyed more momentum than earlier estimates indicated. The Commerce Department said Thursday that gross domestic product, the broadest measure of economic health, grew at an annual rate of 1.4 percent in the first quarter — better than a previous estimate of 1.2 percent and double the initial estimate of 0.7 percent. The upgrade reflects new-found strength in consumer spending and exports. Read more @ http://abcnews.go.com/Business/wireStor ... t-48346965