Q4 GDP = 3.2%

The government just reported that the economy expanded by 3.2% in the last three months of 2013. That’s one of the better growth rates in the past few years.

This also breaks a small three-quarter streak of accelerating growth rates. For all of 2013, the economy grew by 1.9%. This was the eighth-straight year that GDP grew by less than 2.8%.

fredgraph01302014

Posted by on January 30th, 2014 at 8:49 am


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