OAN Staff&nbsp;<a href="https://www.oann.com/tag/alicia-summers">Alicia Summers</a> 12:53 PM – Thursday, February 27, 2025 The economy grew at 2.3% last quarter, meeting expectations but slower than the previous quarter’s 3.1%. Consumer and government spending helped maintain growth, but business investment took a hit. Inflation ticked up slightly, suggesting interest rates will likely remain high. To discuss this, Jeffrey Small from Arbor Financial joins Alicia Summers. <figure class="wp-block-video"><video autoplay="" controls="" loop="" poster="https://www.oann.com/wp-content/uploads/2022/04/vid-poster-image.jpg" src="https://d1cc0p6j4uj4n9.cloudfront.net/599ba82a-2dd8-4396-8233-904fd588dc08/mp4/962e7f16-5e07-4dc5-b261-466cf3dce0cc_Mp4_Avc_Aac_16x9_1280x720p_30Hz_3.5Mbps_qvbr.mp4" width="100%" height="auto"></video></figure>

The economy grew at 2.3% last quarter, meeting expectations but slower than the previous quarter's 3.1%. Consumer and government spending helped maintain growth, but business investment took a hit. {ai:summary}The economy grew by 2.3% last quarter, aligning with expectations but down from the previous quarter's 3.1% growth rate. Consumer and government spending supported this growth, though business investment declined.Inflation has increased slightly, indicating that interest rates are likely to stay elevated. #economy

Gross Domestic Product: Economy Grows 2.3%

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