American flag and falling arrow indicating chances of recession on Wall Street are growing for 2016

Why 2016 Keeps getting Uglier for US Economy

When it comes to economic growth, 2016 is looking a lot like 2015 — and probably even worse. Friday’s report showing that gross domestic product grew just 0.7 percent in the fourth quarter brought to a conclusion another year of dashed hopes for economic liftoff — “escape velocity,” as it is sometimes called. Seven years…