New figures revising economic growth upward propose US economy may be able to resist a global slowdown better than many economists anticipatedThe recent economic slowdown in the US may have been less severe than previously estimated,according figures released by the Commerce Department on Friday.
US uncouth domestic product (GDP) increased by 1% in the fourth quarter of 2015, up from initial estimates of 0.7%. The upward revision surprised economists and analysts who had expected the figure to be revised down to 0.4%, and helping to lift stocks in early trading. Continue reading...
Source: theguardian.com