![MBA Newslink Logo](https://newslink.mba.org/wp-content/themes/mba-newslinks/assets/img/logos/mba-newslinks-child-page-logo.png)
U.S. First Quarter Economic Growth Revised Upward on Jump in Consumer Spending
Reuters, June 29, 2017–Lindsay Dunsmuir
Gross domestic product increased at a 1.4 percent annual rate instead of the 1.2 percent reported last month, the Commerce Department said in its final assessment for the period on Thursday.