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U.S. economy slowed but still grew at 2.9% rate last quarter

Por: Portland Press Herald World January 26, 2023

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An employee works in the battery assembly hall at the BMW Spartanburg plant in Greer, S.C., Wednesday, October 19, 2022. AP Photo/Sean Rayford, File WASHINGTON — The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of high interest rates and widespread fears of a looming recession. Thursday’s estimate from the Commerce Department showed that the nation’s gross... + full article



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