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The US economy grew at at annualized rate of 3.3% in the fourth quarter, capping a year of more resilient economic growth than many economists expected.
The U.S. real gross domestic product grew at an annual rate of 3.3% in the final quarter of 2023, marking a sixth-straight quarter of growth for the U.S. economy.
Consumer spending, which accounts for about 70% of U.S. economic activity, accelerated to a 3.5% annual pace last quarter, up from 2.8% in the April-June period and fastest growth since the fourth ...
This is a list of U.S. states and territories by economic growth rate.This article includes a list of the 50 U.S. states, the District of Columbia, and the 5 inhabited U.S. territories sorted by economic growth — the percentage change in real GDP for the third quarter of 2023 is listed (for the 50 states and District of Columbia), using the most recent data available from the U.S. Bureau of ...
The Bureau of Economic Analysis's advance estimate of third quarter US gross domestic product (GDP) showed the economy grew at an annualized pace of 2.8% during the period, below the 2.9% growth ...
Real GDP can be used to calculate the GDP growth rate, which indicates how much a country's production has increased (or decreased, if the growth rate is negative) compared to the previous year, typically expressed as percentage change. The economic growth can be expressed as real GDP growth rate or real GDP per capita growth rate.
In 2020, the growth rate of the GDP has started to drop as a result of the COVID-19 pandemic, resulting in the GDP shrinking at a quarterized annual growth rate of −5.0% in Q1 2020 [citation needed] and −32.9% in Q2 2020, [citation needed] respectively.
The Bureau of Economic Analysis published its advance reading on gross domestic product (GDP) for the fourth quarter at 8:30 a.m. Thursday. Here's how the economy fared, compared to Wall Street ...