• Inventories subtracted 1.11 percentage point from growth in January through March, compared with prior estimate of 1.07 percentage-point drag
• Net exports added 0.23 percentage point to GDP growth, revised from addition of 0.13 point
• Stripping out inventories and trade, two most volatile components of GDP, so-called final sales to domestic purchasers increased at 2.3 percent rate, revised from 2.1 percent
• Nonresidential fixed investment, or spending on equipment, structures and intellectual property, rose at a 10.4 percent annualized pace, revised from 11.4 percent; still the fastest in five years; adjustment reflects construction-spending statistics
• Health-care spending revised up to 0.27 percentage-point contribution to growth, from 0.1 point; spending on financial services and insurance added 0.33 point, revised from 0.12 point
• Real disposable personal income rose at unrevised 1.7 percent pace
• Corporate profits gained 3.3 percent from a year earlier, revised from 3.7 percent
• GDP report is the third of three estimates before annual revisions in July
This article was provided by Bloomberg News.