This week’s delayed fourth-quarter report on US gross domestic product (GDP) remains on track to confirm that US economic growth continued to slow. The Bureau of Economic Analysis is expected to report (on Thursday, Feb. 28) that the expansion moderated for a second straight quarter, based on a set of nowcasts. The release will also reveal that recession risk remained low for the US at the close of 2018, although preliminary data for 2019 suggests that growth will continue to decelerate.
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