Economic experts polled by Dow Jones and The Wall Street Journal anticipate GDP will increase at a 4.9% clip in the spring and 7% in the summer season. Exports likewise rose a modified 22.3% vs. the previous 21.8% reading. The increase in consumer costs– by far the greatest contributor to the GDP report– was lowered a tick to 2.3% from 2.4%.
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Economists surveyed by Dow Jones and The Wall Street Journal predict GDP will increase at a 4.9% clip in the spring and 7% in the summer season. Read: U.S. economy speeds up in March– and its not about to slow down What occurred: The greatest change in the fourth-quarter GDP report was in organization financial investment. Exports also increased a revised 22.3% vs. the previous 21.8% reading. The boost in customer costs– by far the greatest contributor to the GDP report– was lowered a tick to 2.3% from 2.4%.

The numbers: The U.S. economy expanded in the fourth quarter at a revised 4.3% yearly rate– a touch higher than previous reported– and even much faster development is anticipated in the months ahead. Gdp was raised from the previous reading of 4.1% mainly since of rather higher organization investment, modified federal government figures reveal.

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