economy
March 13, 2026
Economic growth late last year was much weaker than previously thought
Updated on: March 13, 2026 / 10:32 AM EDT / CBS News
TL;DR
- U.S. economic growth in Q4 2025 was revised down to 0.7% from 1.4%.
- The government shutdown reduced Q4 GDP growth by 1.16 percentage points.
- Consumer prices rose at a 2.8% annual rate in January, with core prices up 3.1%.
- Rising inflation and potentially fragile demand complicate the Federal Reserve's policy decisions.
Continue reading the original article