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US economy grew 2.6% in fourth quarter

Published on Mar 27, 2014 8:51 PM
 

WASHINGTON (AFP) - The US economy grew 2.6 per cent in the fourth quarter of last year, expanding more strongly than previously thought, the government said on Thursday.

The Commerce Department revised higher its prior 2.4 per cent estimate of gross domestic product growth in the quarter, matching analyst expectations.

"The general picture of economic growth remains largely the same," the department said in its third and final GDP estimate.

The economy grew 4.1 per cent in the third quarter.

 
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