The nation’s economy expanded at a robust 4.9% annual rate from July through September as Americans defied higher prices, rising interest rates and widespread forecasts of a recession to spend at a brisk pace.
US GDP Growth Rate table by year, historic, and current data. Current US GDP Growth Rate is 4.96%.
US Real GDP Growth Rate table by quarter, historic, and current data. Current US Real GDP Growth Rate is 2.66%.
GDP growth was 2.9 percent for 2023, up from a previously estimated figure of 2.5 percent, said the Commerce Department. Growth for 2022 was also lifted, from 1.9 percent to 2.5 percent, the department added. Both changes mainly reflected upward revisions to consumer spending and business inves...
(combining exports and imports) at -5.3%, and home price growth at -30%. Based on the Forecast’s model, China’s GDP growth rate for 2023 is estimated to have been 0.8%, a figure considerably lower than the official Chinese estimate, and given forecast error, not significantly different...
According to the report, the world economy is projected to grow by 2.3% in 2023 (+0.4 percentage points from the January forecast) and 2.5% in 2024. According to the report, China's economic growth rate this year has been revised up to 5.3...
Many economists say the cumulative impact of the Fed’s rate hikes has yet to be fully felt. Still, the central bank’s policymakers are aiming for a so-called soft landing: Cooling growth enough to curb inflation yet not so much as to send the world’s largest economy tumbling into a...
The average corporate borrowing rate increased to nearly 7% by the end of 2023 and remained elevated through the first three quarters of 2024, presenting a barrier to firms who need to borrow to invest. However, many firms still have more cash on hand than they did before the pandemic11 ...
Global economic growth Trump’s policies risk stoking inflation and preventing rate cuts, IMF warns Taking drive for deregulation too far could push the US on to a ‘dangerous boom-bust path’, fund cautions Save You are on page 1 Next page Most Read Trump plans blitz of executive order...
Deregulation, tax cuts and tariffs stoke probability of high price growth, FT-Chicago Booth poll finds Save December 15 2024 Global Economy Will the Fed signal pause in rate cuts? Market Questions is the FT’s guide to the week ahead Save December 12 2024 UnhedgedRobert Armstrong Not to...