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corporate profits

People shop for groceries at a store in Manhasset, New York, U.S., November 19, 2025. REUTERS/Shannon Stapleton/File Photo
Apr 9, 2026

US fourth-quarter GDP growth revised lower to a 0.5% rate

WASHINGTON, April 9 (Reuters) – U.S. economic growth slowed more than previously estimated in the fourth quarter amid downgrades to business investment, including inventory accumulation, but corporate profits increased sharply, government data showed on Thursday. Gross domestic product increased at a downwardly revised 0.5% annualized rate, the Commerce Department‘s Bureau of Economic [...]

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