US economy likely struggled last quarter; mild rebound seen

WASHINGTON — After struggling in the final three months of 2015, the U.S. economy is thought to be rebounding in the current quarter, though not as strongly as most analysts had once expected.

On Friday, when the Commerce Department issues its third and final estimate of growth for the October-December quarter, it’s expected to say the economy expanded at a 1 percent annual rate. That would be the same estimate it made a month ago and would amount to just half the 2 percent annual growth in the July-September period.

Source: Msn