Neither business leaders nor consumers needed to hear Wednesday’s dismal news that the U.S. economy shrank 0.3 percent during the first quarter of 2025 to voice their concerns about the way things are ...
Learn how GDP measures economic performance and influences financial decisions for economists and investors. Discover its impact on the economy and investment strategies.
Economic growth came in pretty strong for the fourth quarter of 2024. As we learned on Thursday, GDP rose at an annual rate of 2.3%. And consumer spending is a key contributor. It rose 4.2% for the ...
US GDP dipped by an annualized rate of 0.3%, adjusted for inflation (“real GDP”), after growth rates of 2.4% in Q4, 3.1% in Q3, and 3.0% in Q2. A massive spike in imports, by far the worst ever, on ...
The Federal Reserve cut interest rates last week because of fresh worries about the jobs market, but the broader U.S. economy still appears to be in pretty good shape thanks to American consumers.
The latest gross domestic product report came in Thursday morning. It showed that last year ended with a moderating growth rate in the fourth quarter. But overall, GDP was strong in 2024, coming in at ...
The shocking strength of the economy helps explain the Federal Reserve’s Scrooge-like plans for interest-rate cuts next year. And the latest update on GDP over the summer offers another reminder. The ...
Nearly two dozen days have passed since a federal agency published any economic report. The US government’s shutdown has ...
SYDNEY (Reuters) -Australia's economy in the third quarter grew at the slowest annual pace since the pandemic, disappointing hopes for a rebound as government spending did all of the heavy lifting and ...
It is a tenet of Donald Trump’s economic philosophy that trade deficits are bad for growth. It can also seem like a cornerstone of GDP releases. On April 30th the Bureau of Economic Analysis said that ...
BEIJING, Oct 19 (Reuters) - China's economic recovery stepped up in the third quarter, data released is expected to show on Monday, as consumers returned to malls and major trading partners reopened ...