The economic growth rate in the United States for the fourth quarter of last year was revised downwards.
Revised data released by the Bureau of Economic Analysis of the US Department of Commerce on the 13th showed that in the fourth quarter of 2025, the actual Gross Domestic Product (GDP) of the United States grew at an annual rate of 0.7%, which was half the initial estimate of 1.4% and significantly lower than the 4.4% growth rate in the third quarter. Specifically, the growth rate of personal consumption, which accounts for about 70% of the total US economy, was revised from 2.4% to 2%; government consumption and investment were revised from a decline of 5.1% to a decline of 5.8%; exports were revised from a decline of 0.9% to a decline of 3.3%, and imports decreased from 1.3% to 1.1%; non-residential fixed investment, which reflects the investment conditions of enterprises, was revised from 3.7% to 2.2%. According to the latest data, the US economy grew at a rate of 2.1% in 2025, lower than the 2.8% in 2024, and the lowest level since 2021. According to a report by the US financial media Market Watch website on the 12th, due to the negative impact of the current Middle East conflict, the global investment research department of Goldman Sachs lowered its forecast for US economic growth in 2026 from the previous 2.8% to 2.6%. The US Department of Commerce typically revises quarterly economic data three times based on evolving information. The final revised data for the fourth quarter of last year will be released on April 9th.
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