Pathetic 1.9% growth in Q4. Thank god TRUMP came in
http://www.wsj.com/articles/u-s-gdp-grew-1-9-in-fourth-quarter-1485524015
Economists surveyed by The Wall Street Journal had expected a 2.2% growth rate in the final three months of 2016.
Economic output also rose 1.9% in the fourth quarter compared with a year earlier, matching its growth during 2015 and close to the 2.1% average annual growth rate since the recession ended in mid-2009. The current expansion has lasted longer than the historical average, but its average rate has been the weakest since at least 1949.
Government spending supported growth in late 2016, rising at a 1.2% pace in the fourth quarter.
http://www.wsj.com/articles/u-s-gdp-grew-1-9-in-fourth-quarter-1485524015
Economists surveyed by The Wall Street Journal had expected a 2.2% growth rate in the final three months of 2016.
Economic output also rose 1.9% in the fourth quarter compared with a year earlier, matching its growth during 2015 and close to the 2.1% average annual growth rate since the recession ended in mid-2009. The current expansion has lasted longer than the historical average, but its average rate has been the weakest since at least 1949.
Government spending supported growth in late 2016, rising at a 1.2% pace in the fourth quarter.