Economy Grew by 2.9 Percent in 2018

The economy grew by 2.9 percent in 2018, the Bureau of Economic Analysis reported today. Some media outlets emphasized that the 2.9 percent figure, which represents an average of the economy's growth over the course of the year, fell short of Trump's goal of 3 percent. Others noted that when comparing the fourth quarter of 2018 to the fourth quarter of 2017, the economy grew 3.1 percent.