The gross domestic product growth rate for the first quarter was revised down for a second time Friday, to an rate of 2.7%, the Commerce Department said Friday.

First-quarter gross domestic product was revised downward to 3% from an originally reported 3.2%, the Commerce Department said Thursday.

The U.S. gross domestic product rose at a 3.2% annual rate in the first quarter, the Commerce Department said Friday.

Fourth-quarter gross domestic product growth was 5.6%, down slightly from a previous estimate of 5.9%, the Commerce Department said Friday.