Source: United States & Canada – South China Morning PostThe US economy grew at a significantly slower pace than initially estimated for the final months of 2025, government data showed on Friday, a major downgrade that comes as fallout from war in the Middle East looms.
US gross domestic product rose at an annual rate of 0.7 per cent in the fourth quarter, the Commerce Department said.
This was sharply down from its earlier estimated 1.4 per cent over the October to December period.
It also indicates that the world’s biggest economy was on a weaker…Read More