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American economy

World news about “American economy” published by euronews.

27/02 16:18 CET

GDP growth revised down in US for Q4, but Q1 looks rosier

GDP growth revised down in US for Q4, but Q1 looks rosier

Revised US growth figures for 2014's fourth quarter have been taking the shine off last year's performance. GDP growth is now thought to have hit 2.2% and not the 2.6% earlier estimated, following Q3's 5% spurt. However consumer spending is speeding up at its fastest pace since…