MACRO
U.S. GDP Rose 2.9% In the Fourth Quarter, More Than Expected Even As Recession Fears Loom
The U.S. economy finished 2022 in solid shape even as questions persist over whether growth will turn negative in the year ahead. The growth rate was slightly slower than the 3.2% pace in the third quarter.
Consumer spending, which accounts for about 68% of GDP, increased 2.1% for the period, d...