Commerce Department, Quarterly Earnings | featured news

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


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.


Subscribe to this RSS topic: Syndicate content