US Economic Growth Sharply Lower Than Estimated In Fourth Quarter
US Economic Growth Sharply Lower Than Estimated In Fourth Quarter
www.barrons.com
barrons.com
cross-posted from: https://lemmy.ca/post/61729359
The US economy grew at a significantly slower pace than initially estimated for the final months of 2025, government data showed Friday, a major downgrade that comes as fallout from war in the Middle East looms.
US GDP rose at an annual rate of 0.7 percent in the fourth quarter, the Commerce Department said.
This was sharply down from its earlier estimated 1.4 percent over the October to December period.