The US economy began to slow in the third quarter of 2017, a period that has seen the first decline in growth in the past two years.
The weak performance has led some economists to conclude that the US economic recovery is now over.
A report released Monday by economists at the National Bureau of Economic Research (NBER) shows that the economy is currently only recovering 2.7 percent.
That’s down from the 5.6 percent annual growth in 2016.
The report also found that the country is currently on track to have the highest unemployment rate in the industrialized world.
According to the US Bureau of Labor Statistics, unemployment is now 4.3 percent, well above the national average of 3.9 percent.
The US economy has also had its share of setbacks in recent months, particularly on the trade front.
The economy has been hurt by uncertainty about the upcoming tax cuts that the Trump administration has promised to deliver to the nation.
But in a country where trade has been central to economic growth for years, the recent trade negotiations have been disappointing for the US.