Economists Lower Q4 Growth Outlook After Weak Retail Data
February 14, 2019 at 16:15 PM EST
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...