U.S. Q4 GDP growth slows to 1.4%

LootboxPhobia · 2026-02-20T15:35:27+00:00

According to data from the U.S. Bureau of Economic Analysis, the U.S. economy grew at an annualized rate of 1.4% in the fourth quarter of 2023, below the expected 2.8%. The GDP growth rates for 2024 and 2025 are projected to be 2.8% and 2.2%, respectively. Meanwhile, the core personal consumption expenditures price index increased by 0.4% month-over-month in December and rose 3.0% year-over-year.

LootboxPhobia

2026-02-20 15:35:27

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Investing.com - According to the preliminary estimate of gross domestic product released by the U.S. Bureau of Economic Analysis on Friday, the U.S. economy grew at an annualized rate of 1.4% in the fourth quarter.

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Economists previously forecasted a growth rate of 2.8% from October to December, with a third-quarter growth rate of 4.4%.

For the full year of 2025, real GDP is expected to increase by 2.2% compared to the previous year. The growth rate for 2024 is projected at 2.8%.

Meanwhile, in December, the core personal consumption expenditures price index rose 0.4% month-over-month, faster than November’s 0.2%. Analysts had previously expected this data to be 0.3%.

Year-over-year, this inflation indicator favored by the Federal Reserve increased by 3.0%, exceeding the forecast of 2.9%. In November, this indicator rose by 2.8%.

(This is a developing report; please check back later for updates.)

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