| US, 29TH JANUARY 2017, LIMA CHARLIE NEWS WIRE In the last quarter of 2016, the US economy showed an immense slow down, to 1.9%. This is significantly below the 2.2% growth rate economists had predicted for the quarter. As reference, the third quarter of 2016 had a 3.5% growth. The slow down meant that the total GDP growth for 2016 was merely 1.6%, making it the slowest GDP growth since 2011, and a significant underperformance to the 2.6% growth that the nation saw in 2015. The US Commerce Department was quick to point out that while consumer spending rose … Continue reading US economy experiences massive slow down for last quarter 2016