U.S. Economic growth better than previously expected
This year’s economic growth is more robust than previously estimated.
This year’s economic growth is more robust than previously estimated.
The data arrives amid interest rate hikes and strong job gains.
The U.S. economy maintained its resilience from October through December despite rising interest rates, growing at a 2.6% annual pace, the government said Thursday in a slight downgrade from its previous estimate
While gas prices have remained steady in the past week, experts are concerned that could change with recent job news.
Despite recession fears, there are more signs that the labor market is still strong.
The data defies Fed efforts to slow the economy and slash inflation.