Was better under Sleepy Joe!
https://www.cnbc.com/2026/02/20/pce-inflation-december-2025.htmlFourth-quarter U.S. GDP up just 1.4%, badly missing estimate; inflation firms at 3%
U.S. growth slowed more than expected near the end of 2025 as the government shutdown impacted spending and investment, while a key inflation metric showed high prices are still a factor for the economy, according to data released Friday.
Gross domestic product rose at an annualized rate of just 1.4%, according to the Commerce Department, well below the Dow Jones estimate for a 2.5% gain.
Consumer spending increased at a slower pace for the period while government spending tumbled sharply in a quarter marked by the record-length shutdown. The department estimated that the shutdown subtracted about 1 percentage point from growth, though it added that the exact impacts “cannot be quantified.”
For the full year in 2025, the U.S. economy grew at a 2.2% pace, down from the 2.8% increase in 2024.