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The latest GDP report showed that a key gauge of consumer demand picked up in the second quarter to an annual rate of 2.9%, matching the rate in the fourth quarter of 2023 for the strongest pace ...
Third-quarter US real GDP increased at an annualized rate of 2.8%. Though slightly below forecasts, the reading still points to a strong economy and isn't likely to ramp up the urgency on the part ...
Gross domestic product increased at an unrevised 2.1% annualized rate last quarter, the government said in its third estimate of GDP for the April-June period. That was in line with economists ...
CNN reported in September 2020 that GDP grew 4.1% on average under Democrats, versus 2.5% under Republicans, from 1945 through the second quarter of 2020, a difference of 1.6 percentage points. [3] In February 2021, The New York Times reported: "Since 1933, the economy has grown at an annual average rate of 4.6 percent under Democratic ...
Social distancing measures which took effect in March 2020, and which negatively impacted the demand for goods and services, resulted in the US GDP declining at a 4.8% annualized rate in the first quarter, the steepest pace of contraction in output since the fourth quarter of 2008. [120] US retails sales dropped a record 8.7% in March alone.
The real gross domestic product (GDP) decreased at an annual rate of 1.4% in the first quarter of 2022 in the U.S., the Bureau of Economic Analysis (BEA) said on April 28. This figure was...
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 ...
Subsequently, many economists have been slashing their GDP outlook for the quarter as the data has come in. "The January figures of private construction have lowered our estimate of Q1 GDP to 0.6% ...