Economic Report: U.S. economy ended 2022 on solid footing, GDP to show. But a recession might loom.
The U.S. might be headed for a recession this year, but it would be hard to tell based on the economy’s solid performance at the end of 2022. Gross domestic product likely grew at a faster-than-usual pace for the second quarter in a row.
Here’s what to watch for in Thursday morning’s release of the fourth-quarter GDP.