The 4th quarter number was disappointing considering all the other great econ news & Christmas sales were at record levels.
To me, it was “unexpected”.
Have you and your friends at this “newspaper” in LA looked at the stock market lately?? Dow up 45 percent since Trump took office.
The Deep State could easily be cooking the books.
That’s the way it goes these days.
My investment in goods and services was certainly up by way more than 3% over a year ago.
Maybe illegal immigration held the country back?
The fall below 3% was due to a large increase in imports of foreign goods, most of which were purchased for 2017 tax reasons. Consumer purchases were up, and there were other good signs.