Heritage Expert: GDP Report Shows Recession Risks Remain Elevated
January 27, 2023
January 27, 2023
WASHINGTON, Jan. 27 (TNSres) -- The Heritage Foundation posted the following news release:
The Department of Commerce announced its advance estimate of fourth-quarter gross domestic product (GDP) showed real GDP grew at a 2.9 percent annual rate.
The price index for gross domestic purchases, which measures changes in prices of goods and services paid for in the U.S., grew at a 3.2 percent annual rate, down from 4.8 percent the previous quarter.
The GDP data . . .
The Department of Commerce announced its advance estimate of fourth-quarter gross domestic product (GDP) showed real GDP grew at a 2.9 percent annual rate.
The price index for gross domestic purchases, which measures changes in prices of goods and services paid for in the U.S., grew at a 3.2 percent annual rate, down from 4.8 percent the previous quarter.
The GDP data . . .