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US economy expanded at sluggish 0.7% in fourth quarter

  • PAUL WISEMAN AP economics writer--Abcnews.com
  • published date: 2026-03-13 12:56:46 UTC

The U.S. economy, hobbled by last fall’s 43-day government shutdown, advanced at a sluggish 0.7% annual rate from October through December, the Commerce Department reported Friday in a big downgrade of its initial estimate

WASHINGTON -- The U.S. economy, hobbled by last falls 43-day government shutdown, advanced at a sluggish 0.7% annual rate from October through December, the Commerce Department reported Friday in a b… [+1770 chars]