US Q4 GDP growth revised slightly lower

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 […]

US Q4 GDP growth revised slightly lower

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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.

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