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.