The recent drop in GDP has some explanations, but even so, it’s not startlingly robust. Then again, the economic measure doesn’t mean most people are doing well.
The S&P 500 and Nasdaq Composite Index rose to fresh record highs on Friday. The latest jobs data helped add to bullish sentiment. Along with other recent reports, Friday’s one suggests the economy is ...
Real GDP rose at an annualized rate of 1.4% in the fourth quarter, missing the expected 2.8%.
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