Investing.com - Gross domestic product in the U.S. rose more-than-expected in the last quarter, preliminary official data showed on Wednesday.
In a report, Bureau of Economic Analysis said that GDP rose to a seasonally adjusted annual rate of 4.0%, from -2.1% in the prior quarter whose figure was revised up from -2.9%.
Analysts had expected GDP to rise 3.0% in the last quarter.
In a report, Bureau of Economic Analysis said that GDP rose to a seasonally adjusted annual rate of 4.0%, from -2.1% in the prior quarter whose figure was revised up from -2.9%.
Analysts had expected GDP to rise 3.0% in the last quarter.