The U.S. economy expanded at a slower-than-expected pace in the fourth quarter, according to the second estimate from the Bureau of Economic Analysis (BEA). In the three months ending in December, the GDP growth rate rose 2.7 percent, down from 3.2 percent in the third quarter. This was below the previous BEA estimate of 2.9…
US Economy Grew at a Slower Pace in 4th Quarter as Consumer Spending Revised Lower
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