Deep Tide TechFlow News, February 20 — According to Jinshi Data, influenced by last fall's record-breaking government shutdown and slowing consumer spending, the U.S. economy slowed down in the fourth quarter of last year. Data released by the U.S. Department of Commerce on Friday shows that, after seasonal and inflation adjustments, the annualized growth rate of the U.S. Gross Domestic Product (GDP) in the fourth quarter was 1.4%. Economists surveyed by The Wall Street Journal previously expected this figure to be 2.5%. The growth rate in the fourth quarter significantly slowed from the impressive 4.4% growth in the summer. Federal government spending decreased by 16.6% in the fourth quarter.