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U.S. 4th quarter GDP weaker than expected

WASHINGTON
2023-02-24 01:56

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WASHINGTON, Feb. 23 (Xinhua) -- U.S. gross domestic product (GDP) in the fourth quarter of 2022 came in weaker than expected.

GDP, the total value of all U.S.-produced goods and services, climbed 2.7 percent in last year's fourth quarter, according to U.S. Commerce Department data released Thursday.

That's lower than the previously expected 2.9 percent.
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