U.S. Fourth-Quarter GDP Revised Up to 1.4% Growth but Corporate Profits Fall

Wall Street Journal, Mar. 25, 2016–Morath, Eric

Gross domestic product, the broadest measure of goods and services produced across the economy, advanced at a 1.4% seasonally adjusted annual rate in the fourth quarter, the Commerce Department said Friday. That was an upward revision from last month’s estimate of 1%.

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