US economy grew just 0.7% last quarter
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The U.S. economy grew at a rate of 0.7% in the fourth quarter of 2025, according to a second estimate released on Friday by the Bureau of Economic Analysis.
The U.S. economy has shown resilience in the face of President Donald Trump’s policies, but the war with Iran has driven up oil and gas prices and clouded the economic outlook.
Hiring at US businesses unexpectedly plunged last month as employers shed an estimated 92,000 jobs, according to new data released Friday by the Bureau of Labor Statistics.
Gasoline still drives household budgets, but energy efficiency and renewables have reduced the economy’s overall reliance on petroleum.
US economic growth weaker than thought in fourth quarter with government shutdown, consumer pullback
U.S. economic growth slowed in the final three months of last year, dragged down by the six-week shutdown of the federal government and a pullback in consumer spending.