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Economic growth remains solid, shrugging off recession fears

Por: CBS News Politics January 26, 2023

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The U.S. economy ended last year on a solid footing despite the pressure of high interest rates and widespread fears of a looming recession.The Gross Domestic Product — the sum of all goods and services that make up the economy — expanded at a 2.9% annual pace from October through December of 2022, the Commerce Department Thursday. For the year overall, GDP grew 2.1%.Thursday's estimate showed that the economy slowed last quarter from... + full article



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