Mar 25, 2016
The U.S. economy grew by 1.4 percent (revised) in the fourth quarter of 2015, down from 2 percent in in the third quarter but faster than previously estimated, according to a Bureau of Economic Affairs release.
Solid consumer spending andstrong residential investment in Q4 were partially offset by reduced business investment and negative net exports. Despite a slowdown in the second half of the year, economic growth averaged 2.4 percent in 2015 – the same growth rate as 2014 and above the 2.1 percent average rate for the six years following the recession.
For more of the factors, see The Top Line analysis below or as a .pdf here.
