Economic growth late last year was much weaker than previously thought

CBS News
March 13, 2026
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2 min read

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Fourth-quarter 2025 GDP growth revised down to 0.7% from initial 1.4% estimate

How This Affects You

Slower economic growth may signal reduced job creation and income growth prospects

AI Summary

The Commerce Department revised fourth-quarter 2025 U.S. GDP growth downward to 0.7% annualized from an initial estimate of 1.4%, according to data released Friday. Full-year 2025 GDP growth was also revised down to 2.1% from a prior estimate of 2.2%, slower than 2024's 2.8% growth rate. The revised fourth-quarter figure represents significantly weaker economic performance than previously reported.

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