Compared to the third quarter, the deceleration in real GDP in Q4 reflected downturns in government spending and exports and a deceleration in consumer spending, the BEA stated.
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US GDP Grows At 1.4% In Q4, Economy Expands At A Slower Clip Than Wall Street Estimates
Compared to the third quarter, the deceleration in real GDP in Q4 reflected downturns in government spending and exports and a deceleration in consumer spending, the BEA stated.