Analysis

The downward revision indicates the economy had weaker momentum heading into 2019.

The disruption could introduce new risks into the system by compelling banks to loosen lending standards and take on greater risk.

Will the Fed have time to come up with a rebooted game plan before a slowdown strikes again?

The size of the tax savings is especially striking amid the heated debate in Washington over the national budget.

The weaker survey of service industries account for about 90% of the economy and include retail, utilities, health care and construction.

Year-over-year, December single-family housing authorizations decreased by 3.76%, BuildFax reports.