Economists expected the economy to expand by 2.1 percent in the fourth quarter

The U.S. economy maintained a steady pace of growth in the fourth quarter of last year, according to new data published Thursday morning.Gross domestic product, a measure of how much the U.S. produces in goods and services, grew at a 2.1 percent annualized rate during the three-month period from October through December, according to preliminary data published by Commerce Department. That matched the 2.1 percent growth rate in the third quarte

For the full year, the economy grew 2.3 percent, below the 2.9 increase from 2018 and the 2.4 percent gain in 2017, amid fading fiscal stimulus from President Trump's 2017 Tax Cuts and Jobs Act and an 18-month trade war between the U.S. and China that rattled global financial markets. Read more at FOX Business