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Al Jazeera
Al Jazeera
Business
Patricia Sabga

US economy grew 6.9% in Q4 but headwinds are gathering

Supply chain snarls, including back-ups at US supports, have been feeding inflation [File: Jae C Hong/AP]

The United States economy grew at a stronger-than-expected pace in the final three months of 2021, but clouds ranging from Omicron to higher interest rates are gathering over the US recovery.

Gross domestic product (GDP), which measures the total output of goods and services in an economy, increased at a rate of 6.9 percent in the fourth quarter compared with a year earlier, the US Bureau of Economic Analysis said on Thursday.

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