GDP went up 2.9% in fourth quarter, unemployment remains at 50-year low

GDP went up 2.9% in fourth quarter, unemployment remains at 50-year low

The GDP rate went up 2.9 percent in the fourth quarter of 2022 and unemployment remained at a 50-year low. However, the Federal Reserve is expected to raise interest rates again to tame inflation. NBC News’ Tom Costello reports on what this could mean for consumers.

» Subscribe to NBC News: nbcnews.to/SubscribeToNBC

» Watch more NBC video: bit.ly/MoreNBCNews

NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows.

Connect with NBC News Online!

NBC News App: smart.link/5d0cd9df61b80

Breaking News Alerts: link.nbcnews.com/join/5cj/breaking-news-signup?cid=sm_npd_nn_yt_bn-clip_190621

Visit NBCNews.Com: nbcnews.to/ReadNBC

Find NBC News on Facebook: nbcnews.to/LikeNBC

Follow NBC News on Twitter: nbcnews.to/FollowNBC

Get more of NBC News delivered to your inbox: nbcnews.com/newsletters

#NBCNews #GDP #Unemployment

Watch video on channel
Putin says Russia has no designs on NATO countries but will shoot down F-16s supplied to Ukraine.

Putin says Russia has no designs on NATO countries but will shoot down F-16s supplied to Ukraine.

Russia will not attack Poland, the Baltic states or the Czech Republic, but if the West supplies F-16 fighters to Ukraine then they will be shot down by Russian forces, President Putin said. » Subscribe to NBC News: NBC News Digital is a collectio...

NBC News -

This Morning’s Top Headlines – March 28

This Morning’s Top Headlines – March 28

The Francis Scott Key Bridge collapse becomes a salvage operation, former Sen. Joe Lieberman dies at the age of 82 and former President Trump ramps up attacks on the judge in the hush money case after a gag order. » Subscribe to NBC News: NBC News...

NBC News -

Exchanges of fire across the Lebanon-Israel border escalate.

Exchanges of fire across the Lebanon-Israel border escalate.

Exchanges of fire have escalated across the tense border between Israel and Lebanon, leading to wider concern that the war between Israel and Hamas might spread. NBC News' Claudio Lavanga reports for Early Today and brings news of a Gallup poll th...

NBC News -

Watch: Drone video shows aftermath of Baltimore bridge collapse.

Watch: Drone video shows aftermath of Baltimore bridge collapse.

The NTSB captured the aftermath of the bridge collapse in Baltimore as investigators were surveying the extent of damage on board the cargo ship Dali. » Subscribe to NBC News: NBC News Digital is a collection of innovative and powerful news brands...

NBC News -

Life inside a Haitian orphanage

Life inside a Haitian orphanage

As police and gangs battle it out in the streets of Haiti almost everyday, NBC News' Ellison Barber takes a deeper look into the conditions of orphanages there. The orphanage resides in an area where you don't hear gunfire, and where there is more...

NBC News -