Economic News

U.S. final Q4 GDP seen confirming slump

NEW YORK (Reuters) - U.S. growth data due on Thursday will confirm the slump the economy entered in the fourth quarter, according to a Reuters poll.
Economists polled by Reuters predicted the final fourth-quarter reading would confirm gross domestic product grew by just 0.6 percent, slowing almost to a halt from the rapid pace of 4.9 percent in the previous three months.
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