Strong dollar drags US growth to slowest pace since 2011

Higher consumer spending and rising business investment fails to offset fall in exports and rise in importsThe US economy slowed last year to register its worst performance since 2011 after the strong dollar sent exports tumbling and encouraged American businesses to import cheaper components from abroad.But the worsening trade position was offset by increases in consumer spending and business investment that analysts said would hand President Donald Trump a strong and growing economy. Continue