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US economy expanded at sluggish 0.7% in fourth quarter

The U.S. economy, hobbled by last fall’s 43-day government shutdown, advanced at a sluggish 0.7% annual rate from October through December, the Commerce Department reported Friday in a big downgrade of its initial…

1 report1 sourceMar 13, 2026, 12:56 PM
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ABC NewsMar 13, 2026, 12:56 PM

US economy expanded at sluggish 0.7% in fourth quarter

The U.S. economy, hobbled by last fall’s 43-day government shutdown, advanced at a sluggish 0.7% annual rate from October through December, the Commerce Department reported Friday in a big downgrade of its initial estimate

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BloombergMar 13, 2026, 2:36 PM
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US Consumer Spending Stalls, GDP Takes a Hit

Wall Street is digesting a raft of economic data that could bolster the case for a Federal Reserve rate cut in 2026. The FOMC meets next week. Bloomberg's Michael McKee reports on consumer spending and US GDP growth.… Grouped from 2 articles across 1 sources.

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