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The U.S. economy's growth rate in the fourth quarter of last year was revised downward.
The revised data released by the U.S. Department of Commerce’s Bureau of Economic Analysis on the 13th shows that the real Gross Domestic Product (GDP) in the United States for the fourth quarter of 2025 grew by 0.7% at an annual rate, halving the initial estimate of 1.4%, and significantly below the 4.4% growth rate in the third quarter.
Specifically, personal consumption expenditures, which account for about 70% of the U.S. economy, were revised from a 2.4% increase to 2%; government consumption and investment were revised from a decline of 5.1% to 5.8%; exports were revised from a decline of 0.9% to 3.3%, and imports’ decline was revised from 1.3% to 1.1%; reflecting business investment, non-residential fixed asset investment growth was revised from 3.7% to 2.2%.
According to the latest data, the U.S. economy’s growth rate in 2025 is 2.1%, lower than 2.8% in 2024, marking the lowest level since 2021.
According to a report by U.S. financial media MarketWatch on the 12th, considering the negative impact of the current Middle East conflict, Goldman Sachs’ global investment research department recently lowered its forecast for U.S. economic growth in 2026 from 2.8% to 2.6%.
The U.S. Department of Commerce typically makes three estimates of quarterly economic data based on continuously improving information. The final revised data for the fourth quarter of last year will be released on April 9th. ( Xinhua News Agency )