Los Angeles Business Journal

Economy Grew 3.2 Percent in Fourth Quarter, Fueling Hopes for Faster Recovery

Friday, January 31, 2014

The nation’s gross domestic product grew at a solid 3.2 percent annual rate during the fourth quarter. Strong consumer spending, investments by businesses and a pickup in exports boosted the results. But the pace of growth would have been a percentage point higher without the political chaos on Capitol Hill, the Washington Post reports.