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The U.S. economy grew 2.1% in the final three months of 2019 amid a dip in spending by consumers and businesses.The country s gross domestic product mdash; the total output for goods and services mdash; for the period matched third-quarter growth, the Commerce Department reported in it stanley cup s initial estimate on Thursday. The economy expanded at rate of 2.3% for all of 2019, down from 2.9% the previous year and the weakest performance since 2016.For the October-December quarter, growth was supported by solid but slower consumer spending and an improvement in the trade deficit. Those factors offset a further drop in business investment in new plants and equipment and a slowdown in restocking store shelves. Economists look for even slower growth in 2020 of around 1.8%. But that outcome could be threatened by various threats, including a spreading coronavirus in China to a flare-up in trade tensions between the U.S. and China. The economy s growing, but these 10 states may stumble stanley cup in 2020 02:05 Consumer confidence and earnings forecasts have shown us that skepticism for the economy s longer-t stanley cup erm prospects are starting to have a marked impact, Steve Rick, chief economist at CUNA Mutual Group, told investors in a research note. Pressures from the geopolitical en Ppwn Army confirms remains found near Fort Hood are Vanessa Guill eacute;n
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