Investing.com - Gross domestic product in the U.S. rose less-than-expected in the last quarter, preliminary official data showed on Thursday.
In a report, the Bureau of Economic Analysis said that GDP rose to a seasonally adjusted annual rate of 0.5%, from 1.4% in the preceding quarter.
Analysts had expected U.S. gross domestic product to rise 0.7% in the last quarter.
In a report, the Bureau of Economic Analysis said that GDP rose to a seasonally adjusted annual rate of 0.5%, from 1.4% in the preceding quarter.
Analysts had expected U.S. gross domestic product to rise 0.7% in the last quarter.