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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 ...
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 ...
By contrast, consumer spending, which fuels about 70% of economic growth, rose at a 2% annual rate, down from 2.5% in the first estimate and from 3%-plus rates in the previous two quarters.
The second-quarter growth marked a sharp acceleration from a sluggish 1.4% growth rate in the first three months of 2024. Consumer spending, which accounts for about 70% of U.S. economic activity ...
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 downward revision to GDP brings the first-quarter's growth rate to the lowest since the second quarter of 2022, when the economy contracted, and leaves output below the 1.8% rate that ...
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 first quarter's GDP growth marked a sharp pullback from a strong 3.4% pace during the final three months of 2023. US economic growth for last quarter is revised up slightly to a 1.4% annual ...