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Published on Friday, February 26, 2016 | Updated on Friday, February 26, 2016

U.S. | 4Q15 GDP Unexpectedly Revised Upward to 1.0%

Real GDP growth for 4Q15 was revised upward from 0.7% to 1.0%. Inventories were higher than previously estimated, but PCE was downgraded slightly. Expectations remain for 2.5% growth in 2016.