GDP growth in the U.S. slowed to 0.7 percent in the 4th quarter
by Adam Rombel
Date: 1/29/2016 at 13:59:23
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The U.S. Commerce Department’s Bureau of Economic Analysis (BEA) reported this morning that the nation’s real gross domestic product (GDP) increased by a tepid 0.7 percent in the fourth quarter of 2015.
That’s down from 2 percent growth in the third quarter and nearly 4 percent growth in the second quarter.