$A flat ahead of US quarterly economic growthJessica Sier
Looking at the quarterly data, the nation's GDP grew 1% from the third to the fourth quarter, compared with an increase of 7.48% between the second and third quarters, marking a substantial slowdown as a resurgent virus forced a fresh wave of business closures and lockdown measures. The gr...
On the downside, imports, which subtract from GDP, jumped 6.9%, the biggest quarterly rise since Q1 of 2022. Exports were up just 2%. Stock market futures drifted higher following the report while Treasury yields moved lower. "The composition of growth was one of the better mixes that we h...
Personal spending climbed 2.5%, and a measure of underlying inflation rose 3.7% in its first quarterly increase in a year, the data showed. The numbers come ahead of the Federal Reserve's policy session next week. With the central bank expected to maintain interest rates at their current two...
Next ReleaseJan 30 2025, 08:30 EST Average Growth Rate6.27% Value from Last Quarter29.02T Change from Last Quarter1.23% Value from 1 Year Ago27.97T Change from 1 Year Ago5.03% FrequencyQuarterly UnitUSD AdjustmentSeasonally Adjusted Annual Rate Download Source FileUpgrade...
Average Growth Rate-75.24% Value from Last Quarter3.00% Change from Last Quarter3.33% Value from 1 Year Ago4.40% Change from 1 Year Ago-29.55% FrequencyQuarterly UnitPercent AdjustmentSeasonally Adjusted Annual Rate Download Source FileUpgrade
Looking at the quarterly data, the nation's GDP grew about 1.7% from the third to the fourth quarter, compared with an increase of just 0.6% between the second and third quarters, marking a substantial uptick as businesses reopened and Americans spent down their savings following the delta var...
However, we want to pour out the cold water out of season, because the so-called economic recovery can not last at all, and the shadow of economic recession has emerged. If we simply look at the quarterly economic growth in the US, the rebound in the 3 quarter of GDP is indeed very...
Average Growth Rate 3.10% Value from Last Quarter 23.22T Change from Last Quarter 0.76% Value from 1 Year Ago 22.78T Change from 1 Year Ago 2.72% Frequency Quarterly Unit Chained 2017 USD Adjustment Seasonally Adjusted Annual Rate Download Source File Upgrade Related Indicators US Economy ADP...
If forecasters are correct, U.S. economic growth slowed sharply in the fourth quarter as high interest rates dragged the economy down, ending a surprising burst of growth fueled by consumer spending. The output of the economy as measured by gross domestic product is expected to...