GDP growth slowed to 2.6 percent to end 2017

Published January 26, 2018 1:31pm ET



The economy grew at a 2.6 percent rate to end 2017, the Department of Commerce reported Friday, denying President Trump a third straight quarter of 3 percent growth, at least for now.

Forecasters had expected a 2.9 percent annual gross domestic product growth rate, adjusted for inflation. The final number could be revised up or down, though, as Friday’s report is just the first of three estimates from the Bureau of Economic Analysis.

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