Investing.com - Gross domestic product in the U.S. fell more-than-expected in the last quarter, preliminary official data showed on Thursday.
In a report, Bureau of Economic Analysis said that GDP fell to a seasonally adjusted annual rate of -1.0%, from 0.1% in the prior quarter.
Analysts had expected GDP to fall -0.5% in the last quarter.
In a report, Bureau of Economic Analysis said that GDP fell to a seasonally adjusted annual rate of -1.0%, from 0.1% in the prior quarter.
Analysts had expected GDP to fall -0.5% in the last quarter.