U.S. economy grew last year at its fastest rate since 2015

Posted on AllSides February 28th, 2019
From The Left

The U.S. economy slowed modestly in the last quarter of 2018 but still grew at the fastest rate in three years, the Commerce Department reported Thursday.

GDP, or gross domestic product, is the broadest measure of all the goods and services produced within the economy. It expanded at a 2.6 percent annualized rate in the fourth quarter, a slowdown from the 3.4 percent growth in the third quarter.

The main reason grows fell in the fourth quarter: a decline in consumer spending. The government shutdown in the last 10 days...

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CBS News (Online)

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