ECONOMICS COMMENTARY
Mar 27, 2014
US economy ended 2013 with more momentum than previously thought
The US economy grew faster than previously thought in the final quarter of last year, with higher consumer spending and business investment on equipment presenting a healthier picture of the economy before the bad weather hit at the start of 2014. The Commerce Department revised up its estimate of annualised growth of gross domestic product from 2.4% to 2.6%.
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