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The Independent UK
The Independent UK
National
Paul Wiseman

US revises down last quarter's economic growth to 2.6% rate

Copyright 2023 The Associated Press. All rights reserved

The U.S. economy maintained its resilience from October through December despite rising interest rates, growing at a 2.6% annual pace, the government said Thursday in a slight downgrade from its previous estimate.

The government had previously estimated that the economy expanded at a 2.7% annual rate last quarter.

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