US second-quarter economic growth unrevised; GDI revised …
WEB15 hours ago · The average of GDP and GDI, also referred to as gross domestic output and considered a better measure of economic activity, increased at a 3.2% rate last quarter. That was revised up from the ...
US economy grew at a solid 3% rate last quarter ... - Associated …
WEB15 hours ago · A category within GDP that measures the economy’s underlying strength rose at a solid 2.7% annual rate, though that was down from 2.9% in the first quarter. This category includes consumer spending and private investment but excludes volatile items like exports, inventories and government spending.
New Data Finds Sharper Economic Rebound From Pandemic
WEB15 hours ago · The reliability of U.S. economic data has been under increasing scrutiny recently, particularly after an unusually large downward revision last month to estimates of job growth in 2023 and early 2024.
U.S. economy grew at a solid amount last quarter, government …
WEB14 hours ago · Consumer spending, the primary driver of the economy, grew last quarter at a 2.8 percent pace, down slightly from the 2.9 percent rate that the government had previously estimated.
The US economy is pulling off something historic - CNN
WEBJul 25, 2024 · The latest GDP report showed that a key gauge of consumer demand picked up in the second quarter to an annual rate of 2.9%, matching the rate in the fourth quarter of 2023 for the strongest pace...
News Release - Bureau of Economic Analysis
WEBReal gross domestic product (GDP) increased at an annual rate of 1.4 percent in the first quarter of 2024 (table 1), according to the "third" estimate released by the Bureau of …
GDP: US economy grows at 1.6% annual pace in first quarter, …
WEBApr 25, 2024 · The US GDP grew at 1.6% annual pace, missing estimates, while core inflation rose to 3.7%. The data suggests a cooling demand and easing inflationary pressures, but also higher interest rates and...
News Release - Bureau of Economic Analysis
WEBReal gross domestic product (GDP) increased at an annual rate of 3.4 percent in the fourth quarter of 2023 (table 1), according to the "third" estimate released by the Bureau of …
U.S. G.D.P. Report G.D.P. Report Shows U.S. Economy Shrank Again
WEBJul 28, 2022 · Consumer spending did rise faster than prices, but barely. And total economic output, adjusted for inflation, fell for the second straight quarter, despite …
GDP Gain in First Quarter Revised Downward in U.S. - The New …
WEBAn alternative measure of economic growth, based on income rather than spending, cooled to 1.5 percent in the first quarter, from 3.6 percent at the end of 2023. ... Here’s the …