{"id":401960,"date":"2019-03-30T10:55:31","date_gmt":"2019-03-30T09:55:31","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/presstv-us-economic-growth-slowed-sharply-in-q4-of-2018\/"},"modified":"2019-03-30T10:55:31","modified_gmt":"2019-03-30T09:55:31","slug":"presstv-us-economic-growth-slowed-sharply-in-q4-of-2018","status":"publish","type":"post","link":"https:\/\/rinf.com\/alt-news\/newswire\/presstv-us-economic-growth-slowed-sharply-in-q4-of-2018\/","title":{"rendered":"PressTV-US economic growth slowed sharply in Q4 of 2018"},"content":{"rendered":"<div>\n<p><strong>US economic growth slowed sharply in the fourth quarter last year to an annual rate of just 2.2 percent as global weakness, fading government stimulus and rising trade tensions take a toll on the US economy.<\/strong><\/p>\n<p>Gross domestic product (GDP), the economy\u2019s total output of goods and services, increased at a 2.2 percent in the fourth-quarter of 2018, the US Commerce Department said on Thursday.<\/p>\n<p>The fourth-quarter GDP growth was less than initially thought, which was estimated in February to be 2.6 percent. \u00a0<\/p>\n<p>Economists believe growth has slowed further in the first quarter of 2019, which runs from January to March.<\/p>\n<p>For all of 2018, the economy grew 2.9 percent as previously reported, the best performance since 2015. Analysts calculate that growth this year will slip to around 2.4 percent.<\/p>\n<p>Concerns over the economy were underscored by other data on Tuesday showing US consumer confidence ebbing in March, with households becoming pessimistic about&#8230;<\/p>\n<\/div>\n<p> <a href=\"http:\/\/www.presstv.ir\/Detail\/2019\/03\/30\/592181\/US-economic-growth-GDP\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US economic growth slowed sharply in the fourth quarter last year to an annual rate of just 2.2 percent as global weakness, fading government stimulus and rising trade tensions take a toll on the US economy. Gross domestic product (GDP), the economy\u2019s total output of goods and services, increased at a 2.2 percent in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-401960","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/401960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=401960"}],"version-history":[{"count":0,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/401960\/revisions"}],"wp:attachment":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=401960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=401960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=401960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}