The US economy stumbles to 0.7% growth as the shutdown drags down GDP
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. Growth in gross domestic product — …
WASHINGTON (AP) The U.S. economy, hobbled by last falls 43-day government shutdown, advanced at an unexpectedly sluggish 0.7% annual rate from October through December, the Commerce Department report… [+2137 chars]