U.S. economy expands slowly at 0.7% in fourth quarter, downgrading from initial government estimate
Growth in gross domestic product — the nation's output of goods and services — was down sharply from 4.4% in last year's third quarter and 3.8% in the second.
WASHINGTON (AP) The U.S. economy, hobbled by last fall's 43-day government shutdown, advanced at an unexpectedly sluggish 0.7% annual rate from October through December, the Commerce Department repor… [+2944 chars]