Share

U.S. 2nd qtr expansion revised down somewhat to 1.1%

Not a subscriber? See options available.

22:10 26 Aug 2016

WASHINGTON, Aug. 26, Kyodo

The U.S. supervision on Friday revised downward a nation’s mercantile expansion rate in a April-June duration by 0.1 commission indicate to an annualized genuine 1.1 percent.

The rider in inflation-adjusted sum domestic product reflected downward revisions to supervision spending and register investment, that were partly equivalent by ceiling revisions to imports, consumer spending and nonresidential private investment, according to a Commerce Department.

The annualized GDP expansion rate in a preceding entertain was 0.8 percent.

To have fuller entrance to a Kyodo News website, it is required to subscribe. We offer a extended operation of subscription options depending on your needs. Learn more.

Article source: http://english.kyodonews.jp/news/2016/08/430644.html