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World 21:30, 26-Jan-2023
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U.S. GDP grows at annual rate of 2.9% in Q4
Updated 22:00, 26-Jan-2023
CGTN

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The U.S. gross domestic product (GDP) rose at a 2.9-percent annualized pace in the fourth quarter of 2022, according to official data released by the Commerce Department on Thursday.

Economists surveyed by Dow Jones had earlier expected a reading of 2.8 percent in Q4. 

The U.S. GDP grew 2.1 percent in 2022, the data showed. 

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