Many experts feared a recession. Instead, the economy has continued to soar
by Scott Horsley
Jan 25, 2024
2 minutes
The U.S. economy continues to defy expectations.
The nation's gross domestic product — the broadest measure of economic activity — grew at an annual pace of 3.3% in October, November, and December, according to a report Thursday from the Commerce Department.
That was substantially faster than forecasters had expected.
It was a fitting end to a year of robust economic growth, defying projections that rising interest rates
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