This article was originally published on ETFTrends.com.
Economists lowered their fourth-quarter GDP outlook on Thursday to 2 percent from 3 percent following the latest December retail sales data. Based on the CNBC/Moody’s Analytics Rapid Update, economists responding to the survey see growth at a median 2.4 percent pace, which is down 0.7 percentage points. The Commerce Department reported that retail sales dropped […]
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