That's up from 2.5% in the second estimate, but still down from 3.2% in 3Q.
That means that despite the holiday shopping season and all the expenditures of hurricane recovery, the economy still slowed down in the fourth quarter of last year. It should have been the best quarter yet if the economy were truly on the upswing.
To make matters worse, 1Q2018 is shaping up to be a horrible 1.8%.
