GDP Rose 2.9% in Q4

Washington, DC, January 26, 2023-Real gross domestic product (GDP) increased at an annual rate of 2.9% in Q4 2022, according to the advance estimate released by the Bureau of Economic Analysis. 

In Q3, real GDP increased 3.2%.

The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source agency.