as declared in
For all of 2016, the economy grew 1.6 percent.
But it is in keeping with the typical GDP increase of around 2 percent in recent years.
Ian Shepherdson, chief economist at Pantheon Macroeconomics, noted that the change in foreign trade key subtracted a substantial 1.7 percentage points from GDP growth.
It was the worst showing since 2011 and down from 2.6 percent growth in 2015.
WASHINGTON — The U.S. economy lost momentum in the final three months of 2016, closing out a year in which growth turned in the weakest performance in five years, with the yearly rate down to 1.6 percent.
The U.S. just had its worst year of economic growth since 2011
collected by :Mathio Rix