US Q4 GDP growth revised slightly lower

By Agence France-Presse

Mar 01, 2024 12:11 am

WASHINGTON, D.C.: US economic growth was slightly weaker than previously estimated in the fourth quarter (Q4) last year, according to government data released on Wednesday, due mainly to a downward revision to business investment.

Gross domestic product (GDP) growth in the world's biggest economy was revised to an annual rate of 3.2 percent in the final three months of 2023, from an initial estimate of 3.3 percent released last month.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Japan growth slowed in 2024 despite bright Q4

Thailand misses 2024 GDP forecast

Tencent trialing own AI reasoning model

BOJ lifts bond yields to multi-year highs

Sri Lanka banks on car taxes to boost coffers

British employers seen raising prices, cut workforce

China's Xi promises policy stability at meeting with business leaders, including Alibaba's Jack Ma