U.S. GDP Grew at 2.1% in Fourth Quarter as Consumption Moderates

Date: 2020-01-30 17:03:26

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Jan.30 — U.S. gross domestic product expanded at a 2.1% annualized rate for a second straight quarter, while growth in consumer spending decelerated to a 1.8% pace. Bloomberg Intelligence’s Ira Jersey breaks down the data on “Bloomberg Daybreak: Americas.”