Business

Economy grew at 2.1% rate to end 2019

By Jay Heflin

Published January 30, 2020 1:30pm ET

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Economy grew at 2.1% rate to end 2019 — FILE - In this Thursday, Oct. 10, 2013, file photo, employees at Sheffield Platers Inc. work on the factory floor in San Diego. The Commerce Department releases fourth-quarter gross domestic product on Thursday, Jan. 30, 2014 (AP Photo/Lenny Ignelzi, File) | Lenny Ignelzi

The economy grew at an annual rate of 2.1% in the fourth quarter of 2019, the Bureau of Economic Analysis reported Thursday.

The growth rate for the year was 2.3%, adjusted for inflation, the lowest such mark since 2016.

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