US first quar­ter growth re­vised to 1.1 per­cent

China Daily (Canada) - - BUSINESS -

The US econ­omy in the first quar­ter ex­panded faster than pre­vi­ously es­ti­mated, while fu­ture un­cer­tain­ties, like Brexit, will keep the coun­try’s growth at a sub­dued rate for the whole year. Gross do­mes­tic prod­uct in­creased at 1.1 per­cent from Jan­uary to March, higher than the pre­vi­ous es­ti­mate of 0.8 per­cent, said the Com­merce De­part­ment on Tues­day.

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