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The number of people receiving benefits after an initial week of aid, a proxy for hiring, slipped 5,000 to a seasonally adjusted 1.874 million during the week ending Dec. 7, the claims report showed.
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 ...
"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 ...
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.
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.
Economists were thrown for a loop on Thursday after new data revealed evidence of persistent inflation and a growth downshift in the U.S. Real gross domestic product (GDP) rose just 1.6% from a ...
The Bureau of Economic Analysis's third estimate of second quarter US gross domestic product ... released Thursday showed 218,000 unemployment claims were filed in the week ending Sept. 21, below ...
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.