Economic Growth Slowed to 2.1% in Second Quarter
The American economy slowed considerably from April to June, but still beat expectations as the Federal Reserve looks ready to slash interest rates next week.
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Economic Growth Revised Down Slightly for First Quarter
(CN) – The American economy grew at a 3.1% rate in the first three months of the year, down slightly
Read moreEconomic Growth Slowed to 3.5 Percent in Third Quarter
The U.S. economy grew at an estimated annual rate of 3.5 percent in the third quarter, down from a robust 4.2 percent rate it saw in April through June, the Commerce Department said Friday.
Read moreUS Economy Grew at a Robust 4.2 Percent Rate During 2nd Quarter
The U.S. economy grew at a robust annual rate of 4.2 percent in the second quarter, the best performance in nearly four years, the Commerce Department said Thursday.
Read moreCalifornia Passes UK to Become World’s 5th Largest Economy
California surpassed the United Kingdom to become the fifth largest economy in the world in 2017 with a gross domestic product of $2.7 trillion, according to new federal data released Friday.
Read moreU.S. Economic Growth Revised Up for Fourth Quarter
The U.S. economy grew at a faster pace that originally estimated in the fourth quarter of 2017, thanks to a revised analysis of consumer spending and a smaller drag from inventories, the Commerce Department said Wednesday.
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Economy Grew at 3 Percent Rate in July-September Quarter
The U.S. economy grew at an annual rate of 3 percent in the third quarter, the Commerce Department said Friday, marking the first time in three years that growth has reached or bettered the 3 percent milestone for two consecutive quarters.
Read moreGross National Product Topped 3.1 Percent in Second Quarter
The U.S. economy grew at an annual rate of 3.1 percent in the spring, the fastest pace in more than two years, the Commerce Department said Thursday.
Read moreEconomic Growth Reached 3 Percent in Second Quarter Rebound
The U.S. economy grew at an annual rate of 3 percent during the second quarter, the fastest pace in more than two years, the Commerce Department reported Wednesday.
Read moreUS Economy Limped Through the First Quarter, Report Says
The nation’s gross domestic product, the broadcast gauge of US economic might, grew at a sluggish 1.2 percent rate in the first quarter of the year, far below President Donald Trump’s growth targets.
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Gross Domestic Product Growth Weakened in 4th Quarter
The U.S. economy grew at a weak 1.9 percent rate in the fourth quarter — a significant slowdown from the 3.5 percent growth achieved just a quarter earlier. The Commerce Department on Tuesday attributed the deceleration in real GDP to a downturn in exports, among other factors.
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Economic Growth Slowed to 1.9 Percent in Fourth Quarter
U.S. economic growth slowed during the final three months of 2016, closing out a moribund year dominated by a chaotic presidential contest and uncertainty over Britain’s departure from the European Union.
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