US economy grew 2.3% in the fourth quarter, slower than expected
2025-01-30
Category: economic

The U.S. economy grew slower than expected in the fourth quarter, according to new data released on Thursday. The Commerce Department&apos;s Bureau of Economic Analysis released its advance estimate for fourth-quarter gross domestic product (GDP), which found the U.S. economy grew at an annual rate of 2.3% in the fourth quarter, which runs from October through December.&#xA0; Economists surveyed by LSEG had expected the economy to grow at a 2.6% rate in the quarter. This is a developing story. Please check back for updates.