Tag: Nancy Curtin

• Saturday, January 28th 2017 - 11:53 UTC

  US economy expands at an annual 1.6%; “Trumpconomics” promises 4% growth

  

  The US economy grew at an annual pace of 1.9% in the fourth quarter of last year, according to official figures. That was slower than the 2.2% growth rate economists had been expecting and below third quarter growth of 3.5%, which means annual GDP rose by 1.6%, the slowest since 2011 and down on 2015 when the world's largest economy expanded by 2.6%.