U.S. Fourth-Quarter Growth Revised Upward to 2.9 Percent; Consumer Spending Surges

Reuters, Mar. 28, 2018–Lucia Mutikani
Gross domestic product expanded at a 2.9 percent annual rate in the final three months of 2017, instead of the previously reported 2.5 percent, the Commerce Department said in its third estimate for the quarter on Wednesday.

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