The U.S. GDP grew to 2.9% in the last quarter of 2017, 0.2 points more than expected and up from the 2.5% annual growth reported in the third quarter.
Holiday shopping sales were even higher than originally reported, especially due to jumps in transportation related spending, reports Business Insider. While the Trump administration has set a lofty goal of 3% GDP growth rate, the economy grew 2.3% overall in 2017, compared to 1.5% in 2016.
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