For all of last year, economic growth — 2.3% — was the weakest since Trump’s election in 2016. Most alarmingly, businesses have been sharply reducing their investment as Trump’s ongoing trade fights have heightened uncertainty for corporations. YOU MIGHT BE INTERESTED IN...For the October-December quarter, growth was supported by solid but slower consumer spending and an improvement in the trade deficit. That was down from an annual spending surge of 4.6% in the second quarter and 3.2% in the third quarter. Trade contributed to growth in the fourth quarter with imports, which subtract from U.S. growth, falling much faster than exports.

Source: thestar January 30, 2020 13:45 UTC