The U.S. economy grew by a sluggish 2.2 percent in the fourth quarter
By
Teresa Mull
published
(Image credit: Spencer Platt/Getty Images)
The U.S. economy’s third quarter showed the strongest growth (5 percent) in 11 years, but the fourth quarter, not so much.
A report released today by the Commerce Department shows that the economy grew at an annual rate of 2.2 percent, though early estimates pegged that number at 2.6 percent. The harsh winter may have been to blame for the fourth quarter's lackluster performance.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
SUBSCRIBE & SAVE
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Explore More
