People visit the North Texas Auto Show in Dallas, Texas, the United States, on Feb.16, 2023. (Photo by Dan Tian/Xinhua)
GDP climbed 2.7 percent in last year's fourth quarter, according to U.S. Commerce Department data.
WASHINGTON, Feb. 23 (Xinhua) -- U.S. gross domestic product (GDP) in the fourth quarter of 2022 came in weaker than expected.
GDP, the total value of all U.S.-produced goods and services, climbed 2.7 percent in last year's fourth quarter, according to U.S. Commerce Department data released Thursday.
That's lower than the previously expected 2.9 percent. ■
