The gross domestic product of the United States of America grew in the first quarter of this year, ending in March, in the second reading, according to the report of the Bureau of Economic Analysis, issued just before, by 1.3%, compared to 1.1% in the first reading, and compared to a growth of about 2.6% in the fourth quarter of last year. While expectations were for a growth of 1.1%.
The gross domestic product in dollars increased by 5.4% at an annual rate, or $348.3 billion, to reach $26.49 trillion.
On the other hand, the number of weekly claims for unemployment insurance rose to 229,000 in the past week ending on May 20, an increase of 4,000.