Today, economic growth surprised economists in how much it slowed in the first quarter and we will look ahead to tomorrow's report on the Federal Reserve's preferred measure of inflation. Gross Domestic Product Surprises By Coming in Far Lower Than Expected 43 minutes ago The real GDP—an inf...
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Most of us don’t have to look very hard to find evidence of the global economy. The gadgets we use, the clothes we wear and even many of the cars on the roads likely were made in another country – even if sold by a domestic company. More and more, prod
Initial market response to the news was favorable,2 with the expectation that the new administration will be able to build on the economy’s strong foundations and unlock further growth. At the same time, there remains uncertainty around the potential implications of economic policies of the ...
WASHINGTON (AP) — Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years.
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