Something weird is going on in the US economy, and it's not goodDespite experiencing a healthy pace of job growth, the US economy has largely disappointed economists’ expectations by delivering a series of weaker-than-expected economic reports. The unexpected plunges in retail sales and durable goods orders stand out as they reflect weakness in both consumers and businesses. On Wednesday, Bloomberg LP Chief Economist Michael McDonough tweeted a chart of the unprecedented divergence between job growth and retail sales growth. This is concerning as personal consumption accounts for roughly 70% of US GDP. It’s particularly concerning considering all of the extra spending money Americans supposedly have thanks to falling gas prices. “Recent US data have been disappointing,” Goldman Sachs Kris Dawsey said late Thursday. Dawsey thinks GDP growth could tumble to 1.4% in Q1 from 2.2% growth in Q4 of last year. Economists had previously expected GDP growth to accelerate in Q1 to around 3%. FULL REPORT