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U.S. Economy Barely Grew in Fourth Quarter, Revision Shows

Economy

The Commerce Department said that output expanded at an annual rate of just 0.1 percent, way below the country’s long-term average but above the original estimate of a contraction.

 

U.S. Economic Growth Is Revised Down to 2 Percent

The third quarter’s gross domestic product grew at a 2.0 percent annual rate, the Commerce Department said in a revised estimate, down from the previously estimated 2.5 percent.

 

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