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US GDP growth revised down sharply to 2.2% in Q4

File photo.  Photograph:( Reuters )

AFP Washington, DC, USA Mar 28, 2019, 06.29 PM (IST)

US economic growth was revised sharply lower for the final three months of 2018, with data showing GDP expanded 2.2 per cent rather than the 2.6 per cent originally reported, the government said Thursday.

The Commerce Department said the revision came after more complete data were used in the calculations.

However, that did not change the growth rate for the full year, which remains at 2.9 per cent compared to 2.2 per cent in 2017.