4Q 2018 GDP shows U.S. economy is better than thought

The U.S. economy was better than expected at the end of 2018, but it’s probably too soon to give it a clean prediction of health for 2019. That’s the main takeaway from the shutdown-delayed yesterdays report on fourth-quarter GDP, which cooled by less than expected (2.2 percent) to a 2.6 percent annualized gain thanks to surprisingly robust business investment and a stalwart consumer. Read more