US economy growing at a remarkably high rate


The economy in the US grew faster than expected at the end of last year because people and the government spent a lot of money.

The biggest economy in the world grew by 3. 3% from October to December, according to the Commerce Department.

That was a lot quicker than the 2% that many analysts thought would happen, but it was lower than the 4. 9% from the previous quarter.

In 2023, the economy got bigger by 2. 5% each year, compared to 1. 9% in 2022

The numbers show that the economy did better than expected this year, even though the US central bank raised interest rates and inflation slowed down.


Please enter your comment!
Please enter your name here