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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 ...
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 ...
Within the GDP data, a category that measures the economy’s underlying strength rose at a solid 3.2% annual rate from July through September, up from 2.7% in the April-June quarter.
"This GDP report today, of course, very positive, but a bit backward-looking at this point," added Citigroup economist Veronica Clark in a Yahoo Finance interview, adding that "most of this Q3 ...
The US economy expanded at an even stronger pace in the third quarter, despite interest rates at their highest level in 22 years.Gross domestic product, a measure of all goods and services ...
The overall news for the economy from Thursday's report appeared to be strong, another positive note to cap a 2023 that economic prognosticators had expected to end in recession.
The report “sends a clear message that the economy is doing well, and inflation is moderating — good news for […] US economy grew at a solid 2.8% pace last quarter on strength of consumer ...
The Bureau of Economic Analysis's advance estimate of first quarter US gross domestic product (GDP) showed the economy grew at an annualized pace of 1.6% during the period, missing the 2.5% growth ...