"Resilient U.S. Economy Surges with 3.3% Growth in Q4"

The U.S. economy grew at a 3.3 percent annual rate in the fourth quarter of 2023, showing resilience in the recovery from the pandemic's economic upheaval. This growth, although slower than the previous quarter, exceeded expectations and capped a year of low unemployment and cooled inflation. Forecasters had anticipated a recession due to the Federal Reserve's interest-rate increases, but instead, the economy accelerated, with GDP growing 3.1 percent for the full year, marking a significant improvement from the previous year and surpassing pre-pandemic averages.