U.S. economy grew in Q4, but showed signs of slowdown, report says

Shopper staring at shelves in grocery store.
(Image credit: Spencer Platt/Getty Images)

The U.S. economy grew at a better-than-expected 2.9 percent annual rate between October and December of last year, a slight slowdown from the previous quarter, the U.S. Commerce Department said Thursday.

Per CNBC, economists had been expecting a Q4 reading of 2.8 percent, down from Q3's 3.2 percent.

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