This metric grew at a 3.5 percent rate in the third quarter of 2018.
The U.S. economy grew somewhat more slowly at the end of a year ago than initially thought.
Winnebago Chief Executive Michael Happe said in an earnings call earlier this week that the sector has come under pressure from higher product prices due to increased tariff and material costs, rising short-term interest rates in the second half of 2018 and financial-market volatility.
"I would say the fourth-quarter reading on GDP growth confirms what we already expected", said Ben Herzon of Macroeconomic Advisers. "The strength of the labor market should be enough to postpone a recession for at least this year, but the margins are getting smaller, and it would not take much to tilt growth into negative territory".
The increase in the gross domestic product, the economy's total output of goods and services, was revised down from an initial estimate of 2.6 per cent growth in the fourth quarter, the Commerce Department reported Thursday. Growth in the third quarter was 3.4 percent.
For the full year, inflation-adjusted GDP grew by 2.9 percent, unchanged from the previous estimate. Annual growth still missed the White House's 3 percent target despite the massive fiscal stimulus.
Compared to the fourth quarter of 2017, GDP rose 3.0 percent, revised down from the 3.1 percent reported last month.
President Donald Trump and other administration officials highlighted last year's GDP performance as evidence that the administration's policies of tax cuts, deregulation and tougher trade enforcement were working. Trump likes to showcase the economy as one of the biggest achievements of his term, declaring last July that his administration had "accomplished an economic turnaround of historic proportions".
The economy's 2.2 per cent annual growth rate last quarter, though solid, was the slowest since a similar 2.2 per cent pace in the first quarter of 2018.
Economists said the revisions to the Q4 GDP reading reflects weaker consumer and business spending, as well as lower government outlays and investment in homebuilding.
Unfortunately, the drop-off between the third and fourth quarters was steeper than expected. USA financial markets were little moved by the GDP report.
The U.S. economy grew at a slower rate than initially estimated in the fourth quarter, closing a year of strong economic growth on a softer note as a key measure of U.S. corporate profits weakened.
This was countered by an upward revision to net exports, whose drag on the fourth quarter GDP was lowered by one-tenth.
But economic data is not in his favor: business confidence, consumer spending and home construction have all slowed in recent months.
He said he also wants prosecutors to explain why they made such a sudden reversal. "There is no accountability then in the system. Before the attack, police said, Smollett also sent a letter threatening himself to the Chicago studio where " Empire " is shot.
McDonald says it would use the technology of Dynamic Yield that can enhance the menu options on the displays in the outlets. McDonald's is committing financial resources to digital and technology, " personalizing the experience for customers".
Earth Hour returns today Saturday, March 30, 2019, as organizers ask participants to turn off their lights for one hour. Every action we take impacts life around us, and increasingly those impacts are harmful.
Britain's Conservative Party Chairman Brandon Lewis is seen outside Downing Street in London, Britain, March 26, 2019. MPs will consider further options through a series of indicative votes in parliament next week.
Nearly three years after Britain voted in June 2016 to leave the EU, British politicians remain deadlocked over Brexit. The prime minister's third defeat came despite her offer to step down if her deal passed.
Healthcare was the top issue in last year's mid-term elections, which swept Democrats to power in the House of Representatives . Almost 40% of voters in the election said health care was their top issue , and a third of those voters voted for Democrats.
He said he planned to show his children the Israeli soldiers and return to safety before the protest started. Egypt tried to mediate between Israel and Gaza's Islamist rulers Hamas to rein in violence.
After Tuesday's announcement, Bridenstine said he was sure NASA could achieve a successful SLS flight by next year. Now, the earliest possible landing on the moon by NASA isn't until 2028, Pence said .
Mick Schumacher has earned Ferrari F1 test - Vettel
Alfa Romeo driver and Ferrari-backed Italian Antonio Giovinazzi said Schumacher should just make the most of the moment. Doctors worked to remove blood clots from his brain, but some were left because they were too deeply embedded.
Trump threatens to close the U.S.-Mexico border
"We have an invasion of drugs and criminals coming into our country", Trump said in a speech delivered in the Rose Garden. Arrests along the southern border have rocketed in recent months.
United Kingdom questions Huawei security credibility
White House security officials believe Huawei's links to the Communist Beijing government means the firm cannot be trusted. The report also noted that since previous year Huawei has made virtually no progress in fixing the issues at stake.
Brickyard 400 has new date for 2020 race
He would have done a doubleheader, but said he believes it should be a unique event and special to Pocono. The complete Monster Energy NASCAR Cup Series schedule can be found on the next page.