( ) -q-20- UNDATED (Correspondent Jeremy House) “in the report.” The U.S. economy maintained its resilience from October through December of 2022 despite rising interest rates. [CutID: <Cuts> GDP-house-q-THUam.mp3 Time: 20s Title: GDP-house-q-THUam Out-cue: in the report] TAG: Correspondent Jeremy House reporting. For all of 2022, the U.S. economy expanded 2.1%, down from a robust […]
Audio
US revises down last quarter’s economic growth to 2.6% rate
( ) -q-20- UNDATED (Correspondent Jeremy House) “in the report.”
The U.S. economy maintained its resilience from October through December of 2022 despite rising interest rates.
[CutID: <Cuts> GDP-house-q-THUam.mp3
Time: 20s
Title: GDP-house-q-THUam
Out-cue: in the report]
TAG: Correspondent Jeremy House reporting. For all of 2022, the U.S. economy expanded 2.1%, down from a robust 5.9% in 2021.
——————————-
The government says the economy grew at a 2.6-percent annual pace, a slight downgrade from its previous 2.7-percent estimate. The rise in the gross domestic product for the October-to-December quarter was down from the 3.2% growth rate from July through September. Exports and consumer spending were revised lower in the report.