US economic growth slumps to 0.7% in fourth quarter, stoking inflation worries
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US economic growth slowed significantly in the fourth quarter of 2025, with GDP rising at an annual rate of only 0.7%, according to a Commerce Department report released Friday. This is a substantial downgrade from the initial estimate of 1.4% for the October to December period. The downward revision was attributed to decreased exports, consumer spending, government spending, and investment. The weaker-than-expected growth occurred before US-Israeli strikes targeting Iran on February 28th, which have since escalated into war in the Middle East. The conflict has already impacted energy markets, causing fuel prices to rise and raising concerns about potential inflation.
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AI-ExtractedThe growth adjustment reflected downward revisions to exports, consumer spending, government spending, and investment.
Earlier estimate was 1.4 per cent growth for the fourth quarter.
US gross domestic product rose at an annual rate of 0.7 per cent in the fourth quarter.
US economic growth slumps to 0.7% in fourth quarter of 2025.
US-Israeli strikes targeting Iran on February 28 have since plunged the crude-rich region into war.
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