US revises last quarter GDP growth to 0.7%

The Commerce Department revised the growth for the final quarter of 2025, with GDP expanding at an annualized rate of just 0.7%.

It is a sharp downward revision from the initial estimate of 1.4% and marks a dramatic deceleration from the 4.4% growth seen in the third quarter.

Weaker consumer spending, sluggish exports, and reduced government expenditure drove the cooling momentum.

The data covers the first full year since Donald Trump’s return to the presidency, during which the economy grew by 2.1%, slightly missing earlier projections.