So, the GNP rose less than recently in the last quarter.
What, pray, was different about it.
Well, not noticed in the media, is that 60% of the last quarter fell in a time when we knew that we were about to enter a Trump presidency.
Now I realize that these things lag, but that actually it would make sense that lots of people would hold back to see what is going to happen with an unpredictable, to put it kindly, president. Uncertainty about health care alone could produce this kinds of effect. Remember, Trump has claimed that mere optimism generated by his election would help the economy.
Something to think about, particularly if the trend continues, and the Republicans insist that things were going south before Trump took over.