U.S. | 1Q16 real GDP growth revised up to 0.8%
Published on Friday, May 27, 2016 | Updated on Friday, May 27, 2016
U.S. | 1Q16 real GDP growth revised up to 0.8%
Real GDP growth was revised to 0.8% from 0.5% QoQ SAAR, with most categories revised up. PCE and residential investment made the greatest contribution to GDP growth. We maintain our expectations for a 2.5% pace in 2016, assuming a healthy rebound in 2Q
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