U.S. economic output decelerated in the final three months of 2016 to a 1.9% growth rate, returning after a brief spurt to the stubbornly lackluster pace that has prevailed through most of the current expansion and which President Donald Trump has pledged to double. Growth of gross domestic product, a broad measure of the goods and services produced across the economy, exceeded the pace of growth in a slow first half of 2016, but marked a slowdown from the third quarter’s seasonally and inflation adjusted 3.5% growth...

Source: Wall Street Journal January 27, 2017 13:34 UTC