GDP revised up

[notiCIas]

GDP revised up

But stronger reading on nation's 1Q economic growth falls just short of Wall Street forecasts.

May 26, 2005: 8:31 AM EDT

NEW YORK (CNN/Money) - The U.S. economy grew at a faster pace in the first quarter than earlier estimates, the government reported Thursday, but the stronger reading fell a bit short of Wall Street expectations.

The gross domestic product, the broad measure of the nation's economic activity, rose at an annual 3.5 percent rate in the first quarter, compared to the 3.1 percent gain reported in an earlier report. Economists surveyed by Briefing.com had a consensus forecast that the GDP would be revised up to 3.6 percent growth, while Reuters found a range of estimates from 3.2 to 4.0 percent growth.

The first-quarter growth was slower than the 3.8 percent gain reported in the fourth quarter.

[fisher]

caro Noticias

como a noticia é Bull como eu quero, mais um ponto.

Noticias Bull pode mandar mais. Os mercados precisam de aquecer .

Cumprimentos e bons negócios

fisher