The final estimate of US first-quarter economic growth shows that it slowed to an annual rate of 0.7%, slightly stronger than previously thought.
The Commerce Department last month estimated GDP growth at 0.6% in the first three months of 2007.
The report still marked a sharp slowdown from the 2.5% pace of the fourth quarter of 2006 and was the weakest since the fourth quarter of 2002. Wall Street economists had expected a figure of 0.8%.
The slight upward revision came from higher estimates of US exports. Consumer spending remained the key driver of the economy, but the latest revision showed personal consumption up 4.2% instead of 4.4%.
The main drag on activity was the housing market, with investment in property tumbling 15.8%.
