Economic growth in the U.S. slowed in the final part of 2018, with GDP posting a gain of just 2.2 percent in the fourth quarter, according to a Commerce Department report Thursday.
Consumer spending as well as government expenditures at both the state and national levels, and nonresidential fixed investment all were revised down and subtracted from GDP. Imports also were revised lower amid continuing tensions between the U.S. and its global trading partners.Overall, the fourth quarter increase tied for the slowest gain since the first quarter of 2018.
Source: Entertainment Trends (entertainmenttrends.net)
It missed expectations. CNBC please correct your headline
You lie...As expected was 2.6. Remember the 3+ prints we saw was all on disaster relief not great. 2+ gars of hurricane/wildfire rebuilds followed by 2 qtrs of trade war stocking. When will you stop spinning a robust economy narrative?
Trump promised me far better than this....
What happened to 4%?
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