Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%

[Zincwarrior]

What it says on the Tin. GDP revised down yo just .7% and inflation to 3.1%.

https://www.cnbc.com/2026/03/13/fourth-quarter-gdp-revised-down-to-just-0point7percent-growth-january-core-

inflation-was-3point1percent.html

Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%​

Published Fri, Mar 13 20268:36 AM EDTUpdated 2 Hours Ago

Jeff Cox@jeff.cox.7528@JeffCoxCNBCcom
WATCH LIVE
Key Points

• GDP rose at a seasonally and inflation-adjusted annual rate of just 0.7% in the fourth quarter, according to a Commerce Department revision Friday.
• The first revision of the GDP reading was a sharp step down from the previous estimate of 1.4% and well below the Dow Jones consensus forecast for 1.5%.
• The core PCE inflation rose 0.4% in January and 3.1% on a 12-month basis. The ex-food and energy reading was 0.1 percentage point higher than December.

 

[leftwinger]

Still growing despite DEEP State Criminality, war, judicial and Congress slowdowns-shutdowns and $0.5T-$1T annual Fraud.

Things look bright ahead if some Deep Stater Seditionist or criminals get strung up at Gitmo. Send a zero tolerance message.

 

[my2¢]

Hopefully with the uncertainty over tariffs along (along with their inconsistency in implementation) now behind us, things will improve.

FOX Business News
Taken together with the 0.6% GDP contraction in the first quarter of 2025, as well as increases of 3.8% in the second quarter and 4.4% in the third quarter, the U.S. economy grew at an annual rate of about 2.08% in 2025. That figure is subject to change as the BEA will release a final revision to the fourth quarter GDP figure released today as more data comes in.

 

[1srelluc]

It would do a lot better if the vile dems would not keep shutting down the .gov.

 

[schmidlap]

Trump's economy is not doing well.
His "little excursion" won't help.

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The U.S. economy... advanced at an unexpectedly sluggish 0.7% annual rate from October through December, the Commerce Department reported Friday in a big downgrade of its initial estimate.​

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Growth in gross domestic product — the nation’s output of goods and services — was down sharply from 4.4% in last year’s third quarter and 3.8% in the second. And the fourth-quarter number was half the government’s first estimate of 1.4%; economists had expected the revision to go the other way — and show stronger growth...​

But the war with Iran has driven up oil and gas prices and clouded the economic outlook.​

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Meanwhile, the American job market is in a slump. Last month, companies, nonprofits and government agencies cut 92,000 jobs. In 2025, they added fewer than 10,000 jobs a month, the weakest hiring outside recession years since 2002.​

MSN

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Trump's "little excursion" isn't helping:

The first week of the war with Iran reportedly cost U.S. taxpayers upwards of $11 billion—a figure that doesn’t include the buildup of troops and warships in the region ahead of the initial strikes...​

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Military costs are set to rise the longer the conflict goes on​

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How Much is the War in Iran Costing You?

Consumers in America and elsewhere are already feeling the effects of the war on their wallets.

time.com

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