U.S. Economic Growth Miss in 4Q as GDP Dips to 1.9%

• January 27, 2017
• realestatelife
• Business & Markets, Real Estate Finance

The first reading on fourth-quarter gross domestic product showed the U.S. economy grew at a slower annualized pace of 1.9%, according to the Commerce Department. Economists expected growth at a 2.2% clip. The final reading on third-quarter growth was 3.5%.