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The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.
Investors are preparing for a crucial day of US economic data, with second-quarter GDP figures set to be followed by the Federal Reserve’s interest rate decision. The GDP figures are due out at 8.30am ...
Gross domestic product rebounded in the spring after contracting at the start of the year, but consumer spending remained ...
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4 signs the economy is in worse shape than we thought - MSNThe job market is tough, real GDP dropped more than initially thought, and consumer spending fell. These warning signs don't mean a recession is necessarily coming, although there is a risk.
The Commerce Department released its third estimate of U.S. gross domestic product for the first quarter and found the economy contracted at an annual rate of 0.5%.
A deluge of economic data released Thursday should have provided a clearer picture of how the US economy is faring in the face of President Donald Trump’s massive policy shifts. But the latest ...
Imports expanded 37.9%, fastest since 2020, and pushed GDP down by nearly 4.7 percentage points. Consumer spending also slowed sharply, expanding just 0.5%, down from a robust 4% in fourth-quarter ...
Welcome to the live coverage of US Federal Reserve’s highly anticipated July FOMC meeting. As the Fed prepares to announce ...
The US economy grew 3% in the second quarter as a tariff-related import surge that shrank output early in 2025 reversed, artificially juicing growth ...
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