NPR

Say It One More Time: The Economy Is Slowing

The U.S. economy grew somewhat more slowly at the end of last year than initially thought. Forecasts suggest that slowdown will continue in 2019.

The Commerce Department now says the economy in the fourth quarter of last year. That's down from the department's original estimate of 2.6 percent growth. The revised numbers — which include more complete information — suggest somewhat lower spending by consumers and state and local governments, as well as reduced business investment.

You're reading a preview, sign up to read more.

More from NPR

NPR6 min read
Food Fight: How 2 Trump Proposals Could Bite Into School Lunch
The pending federal rule changes could push a million kids off free or reduced-price school meals, at least temporarily.
NPR2 min read
China Expels 3 'Wall Street Journal' Reporters, Citing 'Racist' Headline
The move comes a day after the U.S. State Department designated five Chinese state media outlets as foreign government missions, thus treating them as extensions of Beijing.
NPR4 min read
In 'Counterpoint' Bach Helps An Art Critic Mourn A Mother Whose Criticism Lingers
The Washington Post's Philip Kennicott suffered his mother's harsh words and actions throughout childhood. His book is partly a need to acknowledge her "sadness and anger and unaccountable rages."