The U.S. economy slowed less sharply in the first quarter than initially estimated due to unexpectedly higher consumer spending and a bigger jump in exports.
Gross domestic product increased at a 1.4 percent annual rate instead of the 1.2 percent pace reported last month, the Commerce Department said in its final assessment on Thursday.
It was still the slowest growth rate since the second quarter of last year. Economists polled by Reuters had expected GDP growth to remain unchanged at a 1.2 percent rate.