Economy expands at 2.9% annual rate in Q4
U.S. GDP rose 2.9% in the final quarter of 2022. It beat expectations, but fears of a recession still loom large among economists. Consumer spending weakened from the previous quarter but remained above expectations.
MSNBC anchor and economics correspondent Ali Velshi joins Here & Now‘s Jane Clayson to break down the latest numbers.
This article was originally published on WBUR.org.
Copyright 2023 NPR. To see more, visit https://www.npr.org.