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Red-hot U.S. economy ignores global cooling - for now
The two best performers among the Group of Seven economies in the third quarter almost certainly took separate paths in the fourth, as Britain suffered a Brexit reality check, while the United States sailed on despite the trade war it has sparked. The world’s largest economy is expected to have grown by an annualized 2.6 percent in the final three months of 2018. Even if that is down from the 3.4 percent of the third quarter, it is still a healthy clip. A first estimate should have been released by now, but the U.S. Bureau of Economic Analysis said on Thursday the release had been pushed back to Feb. 28 due to the ... (full story)
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