US Q4 GDP Grows Smaller-Than-Forecast 1.4% on Shutdown Impact
Market Intelligence Analysis
AI-PoweredThe US Q4 GDP growth rate of 1.4% fell short of forecasts, with the economy expanding 2.2% in 2023, indicating a slower-than-expected pace of growth.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
The US economy grew less than expected at the end of last year, as inflation-adjusted gross domestic product increased an annualized 1.4% in the fourth quarter. Overall, the economy expanded 2.2% last year. Michael McKee breaks down the numbers on Bloomberg Television. (Source: Bloomberg)
Analysis and insights provided by AnalystMarkets AI.