American spending on services slowed in the fourth quarter. This had effect on the downturn of Gross Domestic Product. The Bureau of Econonic Analysis said GDP grew by 2.6% in the fourth quarter but that was based on incomplete data. Following the data J.P. Morgan Lowered their fourth quarter results. Trumps administration cites they have lifted the US economy by their policies. BEA had 4Q-to4Q as 3.1% while private forecasters have it just below that mark.
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