Real GDP rose 2.6 percent in fourth quarter of 2014
Real gross domestic product — the value of the production of goods and services in the United States, adjusted for price changes — increased at an annual rate of 2.6 percent in the fourth quarter of 2014, according to the U.S. Bureau of Economic Analysis. In the third quarter, real GDP increased 5.0 percent. The bureau emphasized that the fourth-quarter advance estimate released today is based on source data that is incomplete or subject to further revision. Data will be updated on Feb. 27.
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