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US economic growth in the fourth quarter slows to 2.6%, and 2.3% for 2017

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A surge in imports was blamed for the slowdown, which meant growth for 2017 was 2.3%, better than the 1.5% posted in 2016, but below Trump's 3% target US economic growth slowed unexpectedly to an annualised rate of 2.6% in the last three months of 2017, the Commerce Department said on Friday. Economists had expected the rate to be 3% - the same as the three months to September.

US economic growth in the fourth quarter slows to 2.6%, and 2.3% for 2017 US economic growth in the fourth quarter slows to 2.6%, and 2.3% for 2017 Reviewed by Shahid Karimi on January 29, 2018 Rating: 5

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