US Economy Slows to 1.4% Growth Rate in Fourth Quarter
Sourced from 4 publications
- •US GDP growth slowed to 1.4% annualized rate in the fourth quarter, down from 4.4% in the previous quarter
- •A government shutdown and reduced consumer spending were key factors contributing to the economic deceleration
- •President Trump blamed Democrats and Federal Reserve Chair Jerome Powell for the weak economic performance
- •The slowdown represents a significant shift from earlier periods of stronger economic growth
Sources
Trump’s economy decelerates as shutdown, consumer spending drag on growth
Politico EU
US economic growth weaker than thought in fourth quarter with government shutdow...
timeswv
US economy slows in final months after turbulent year
MyJoyOnline
Fourth Quarter Real GDP: Reduced Due To Government Shutdown
SeekingAlpha.com
Curated from 4 sources. Every summary is reviewed for accuracy, but may still contain errors. We always link to original sources for verification.
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