03/13/2026 | Press release | Distributed by Public on 03/13/2026 13:00
WASHINGTON, D.C. - Today, the Bureau of Economic Analysis released a second estimate of the growth rate of America's gross domestic product (GDP) in the fourth quarter of 2025, cutting in half the rate of growth they reported in the advanced estimate released last month.
The estimate released today shows Q4 GDP revised down from the 1.4% advanced estimate to just 0.7%. This revision reflected downward revisions to exports, consumer spending, government spending, and investment.
"The more data that comes in, the clearer it becomes that the economy is headed in the wrong direction. An already dismal initial estimate of growth for the fourth quarter of 2025 of 1.4%, was cut in half by today's revision to 0.7%. That is not the level of growth we need to see in order to have any confidence for the future. Instead, it is another warning sign that the economic policies of this Administration are wrong-headed and need to be changed," Sen. Cantwell said.