Gross domestic product — the broadest measure of economic activity — increased at an annualized rate of 2.9% from October to December last year, according to Commerce Department data released Thursday. That’s a slowdown since summer, when the economy saw growth of 3.
2% in the third quarter — but an improvement on the first half of the year, which showed two consecutive quarters of contraction. Economists were expecting fourth-quarter GDP to grow at an annualized adjusted rate of 2.6%. For 2022, GDP expanded 2.1%, according to the Commerce Department report. This story is developing and will be updated.
Propaganda from American Pravda.
In other words according to CNN, the economy is GREAT even though the economy sucks 🤷🏻♂️
Those are depression numbers when you factor in the inflation
2% is not solid growth.
Nobody even believes the financial world. All on a house of cards
The calm before the storm ⛈️….
Average heating bill is up 75%
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