US economic outlook darkens as late 2018 growth figures revised down

• Last-quarter growth was 2.2%, down from estimated 2.6%
• Slew of weak global indicators dents confidence

US economic growth slowed at the end of 2018, falling well below the Trump administration’s projections and closing a strong year on a more worrying note.

The commerce department said on Thursday that the US expanded at an annual rate of 2.2% in the last three months of the year, down from an initial estimate of 2.6% and below the 3.4% growth achieved in the previous three months.

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from US news | The Guardian https://ift.tt/2CHXZD0