What happened: The US economy grew by 2.2% in 2023 but experienced a slowdown towards the end of the year amid ongoing tariff and immigration policy changes.
Why it matters:
- Economic growth affects employment, investment, and consumer confidence across the country.
- Policy changes in tariffs and immigration continue to influence business operations and market stability.
MNN Take: Despite challenges, the US economy maintained modest growth in 2023, reflecting resilience amid policy shifts and global pressures.
Sources: BBC Business