“The GDP revisions show the U.S. economy was in good shape in mid-2024,’’ said Bill Adams, chief economist at Comerica Bank. “Solid growth of consumer spending propelled the economy forward in the second quarter, and the increase ...
The US economy grew at a 2.8 per cent annualised rate in the second quarter, in a sign of continued consumer resilience as the Federal Reserve considers cutting interest rates in the coming months. Thursday’s data from the Bureau of Economic Analysis surpassed economists’ expectation of 2 pe...
US economy growing at fastest rate for six yearsAmerican recovery highlights slow pace of Europe's return to growthMoore, James
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.
WASHINGTON (AP) — The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates.
The U.S. economy grew by a rate of 2.6 percent this winter, beating analysts' estimates of 2.3 percent thanks to solid consumer and business spending. It also bested GDPNow, a real-time tracker monitored by the Federal Reserve Bank of Atlanta, which lowered its estimate to 1.8 percent ear...
"The composition of growth was one of the better mixes that we have observed in some time," said Joseph Brusuelas, chief economist at RSM. The report "tends to support the idea that the American economy is in the midst of a productivity boom which over the medium term will lift living ...
The U.S. economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates hammered the housing market and businesses reduced their inventories. 美国经济从1月到3月大幅放缓,降至仅1.1% 的年增长率,原因是更高的利率冲击了房地产市场,企业减少了库存。
Still, the GDP gain surpassed the 3% bar set by President Donald Trump as evidence his economic program is working. Trump is counting on a strong economy as he campaigns for re-election. It was the strongest first quarter growth rate since 2015. In recent years, GDP has been exceptionally ...
US GDP Growth Rate table by year, historic, and current data. Current US GDP Growth Rate is 4.96%.