U.S. economy grew a sturdy 2.9% at the end of 2022, GDP shows

U.S. economy grew a sturdy 2.9% at the end of 2022, GDP shows

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The numbers: The economy grew at a robust 2.9% annual pace in the fourth quarter, but the U.S. faces tough odds to repeat its performance in 2023 as rising interest rates sap growth and threaten to foment a recession. Gross domestic product, the official scorecard for the economy, expanded at an…

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