Thu, 28 Mar 2013 16:02:10 GMT
U.S. GDP rises above forecast in Q4
Performance
of the U.S. economy in the Q4 accelerated more than
economists expected mainly due to upward revisions to shipments out of the
country and to non-residential fixed investment, a data released by the
Commerce Department showed on Thursday.
Year-on-year, GDP rose by 0.4% in the Q4 compared to an 0.1% expansion preliminary
estimated.