Tag: 0.7 percent rate

U.S. economic growth slows to a 0.7 percent rate in fourth quarter

Fri Jan 29, 2016/Reuters By Lucia Mutikani Click here to read full story U.S. economic growth braked sharply in the fourth quarter as businesses stepped up efforts to reduce an inventory glut and a strong dollar and tepid global demand weighed on exports. Gross domestic product increased at a 0.7 […]