Washington - The Gross Domestic Product (GDP) of the United States grew 1.1% in annual estimation in the first quarter of 2016, said on Tuesday the Commerce Department in its third and final calculation.
The growth of 1.1% between January and March is due to a smaller slowdown in foreign trade and investment, a positive review of the second prediction, which had set the GDP growth at 0.8%.
The calculation after his two previous reviews, doubled compared to the first estimate, which was 0.5%.
However, it is one of lower growth rates in a quarter in recent years to the American economy.
Despite the better performance of exports, which grew 0.3% compared to the 2% drop previously calculated; consumer spending, which in the US account for nearly two-thirds of the economy, grew at an annual rate of 1.5%, below the rate previously calculated, which was 1.8%.
This pace of growth in household consumption is the lowest recorded in two years.
Experts believe that the US economy will grow around 2% in 2016, slightly less than the 2.4% recorded both in 2015 as in 2014.
In addition to concerns about the weakening global demand, the United Kingdom's decision to leave the EU in recent days generated further financial volatility and a new appreciation of the dollar.
Nenhum comentário:
Postar um comentário