The U.S. economy may have slowed more sharply than previously reported at the end of 2018, potentially dragging full-year growth below the 3 percent mark that President Donald Trump has boasted about achieving.
Economists expect the fourth-quarter annualized pace of expansion to be revised down to as low as 1.8 percent from the original figure of 2.6 percent, according to a Bloomberg survey where the median estimate is 2.3 percent. Reasons include new or revised data on retail sales and construction spending and services.