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The U.S. economy grew at a 2.9% annual rate to cap the final three months of 2022, marking a strong end to the year after the economy contracted in the first two quarters of the year. The gross ...
The economy grew at a 3.0% pace in the April-June quarter. It is expanding at a pace that is well above what Fed officials regard as the non-inflationary growth rate of around 1.8%.
An Economist/YouGov survey found that 97% of respondents felt the economy was important and 38% of those polled felt the economy was in poor shape, compared to only 51% who felt it was fair or good.
Back to a time when good economic news is "good news" for stocks. But it's a delicate balance. Too much strength could mean once again seeing good news framed as the precursor to an inflation rebound.
With continued good economic news in the U.S. as well as lower supplies, WTI had five straight gains ending May 27, with the highest settlement since October 2018, and ended the week and the month up 4.3 percent to $66.32. Brent finished May at $69.63, the highest since March 11, up 4.8 percent for the week and 3.5 percent for the month. [48]
(The Center Square) – The labor market, while slowing, remains resilient. Initial claims – an established predictor of changes in the level of unemployment – have been trending downward. The ...
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 authors say Biden has an opportunity to ride good economic news to a second term "but these are big assumptions in a highly uncertain economic time and given our highly fractured and ...