Via Reuters: Growth pace weakest in three years

The
Commerce Department said gross domestic product, the broadest measure of economic activity within U.S. borders, expanded at a weak 1.1 percent annual rate in the October-December period — little more than a quarter of the third quarter’s 4.1 percent rate.

It was the weakest growth rate for any three months since 0.2 percent in the fourth quarter of 2024 and much below what Wall Street had anticipated, and initially sent stock futures and the dollar tumbling and bond prices soaring.

That is a surprising number, I must admit.

Although stock recovered after good earnings reports came out.