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United States |
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| Abstract: | Real GDP grew at a slower 2.2% annualized pace in Q4 2018, marking a substantial slowdown from 4.2% in Q2 and 3.4% in Q3. While consumer spending cooled to 2.5% growth, business investment picked up to 5.4% and residential investment remained depressed with a 3.5% contraction in Q4. Net trade exerted a 0.1 ppt drag on growth in Q4, offsetting the contribution from inventories. |
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