US economy grows 2.5% in 2023 on consumer boost
U.S. economic growth was stronger than expected in the final months of 2023, government data showed Thursday, capping a resilient year as President Joe Biden's reelection campaign picks up pace.
The world's biggest economy expanded 3.3 percent in the fourth quarter, boosted by a resilient jobs market and consumer spending, bringing full-year growth to 2.5 percent, said the Commerce Department.
Source: Associated Press
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