Economy

“U.S. Economic Growth Falls Back Below Average”

“…The Chicago Fed National Activity Index declined to minus 0.03 in January from 0.18 in December, according to new and revised figures. The reading below zero suggests growth lagged the long-term average.

Falling activity in production, and personal consumption and housing were to blame for the weaker activity at the start of 2025, the figures showed. By contrast, employment-related indicators gained steam, suggesting the jobs market remains robust…”

https://www.wsj.com/economy/u-s-economic-growth-falls-back-below-average-02120246

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