The 43-day government shutdown weighed heavily on fourth-quarter economic growth prospects.
People shop at a mall in Arlington, Va., on March 10, 2026. Madalina Kilroy/The Epoch Times
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The U.S. gross domestic product (GDP) growth rate has been revised lower, indicating that the record-breaking government shutdown weighed more heavily on the economy than initially reported.
During the October–December period, the economy expanded 0.7 percent, down from the first estimate of 1.4 percent, according to new Bureau of Economic Analysis data released on March 13.
