GDP increased in the 4th quarter, easing recession fears

GDP increased in the 4th quarter, easing recession fears

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increased by 2.9% annualized in the fourth quarter of 2022, according to the first advance estimate released by the Bureau of Economic Analysis (BEA). That's continuing growth from the third quarter when GDP rose 3.2% annually, the BEA reported in December. The increase in real GDP was driven by…

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