U.S. Economic Growth Slows to 1.6%, Inflation Stays Firm

The U.S. economy continued growing in the first quarter, albeit at a slower pace, but stubbornly high inflation continues to dash investors’ hopes that the Federal Reserve will begin slashing interest ... Read More

U.S. Economy Grew At Slowest Pace Since 2022 Last Quarter—But Still Far From Recession

The U.S. remains by far the largest economy in the world with a record gross domestic product of $28.3 trillion. Read More

The economy grew a disappointing 1.6% in Q1. What does it mean for interest rates?

The U.S. economy slowed more than expected early this year as weaker business stockpiling and exports offset solid consumer spending and a flurry of housing construction. The nation’s gross domestic ... Read More

US Economic Growth Slows Significantly In First Quarter

The US economy cooled markedly in the first three months this year, expanding less than anticipated as consumer spending and exports decelerated, according to government data released on Thursday. Read More

U.S. economic growth likely continued into 2024

New data out this morning is expected to show GDP grew at an annualized rate of 2.7 percent in the first three months of the year, as Americans kept spending. Read More

US economy slowed more than expected in the first quarter, to a 1.6% rate

The US economy cooled more than expected in the first quarter of the year, but remained solid by historical standards. Economic growth has slowed steadily over the past 12 months, which bodes well for ... Read More

US Economy News Today: Economy Grows Far Slower Than Expected in the First Quarter

Welcome to Investopedia's economics live blog, where we explain what the day's news says about the state of the U.S. economy ... Economic Analysis (BEA)—grew at an annual rate of 1.6% in the first ... Read More

US economy is a victim of its own success: podcast

The United States emerged as the world’s growth engine at the IMF summit last week. In this Viewsroom podcast, Breakingviews columnists debate whether this debt-fuelled strength means that interest ... Read More

US growth slowed sharply last quarter to 1.6% pace, reflecting an economy pressured by high rates

The economy’s gradual slowdown reflects, in large part, the much higher borrowing rates for home and auto loans, credit cards and many business loans. Read More

U.S. Economy: Saved by Immigrants

Foreign-born workers now make up ... the U.S. labour force will have grown by 5.2 million people by 2033, thanks mainly to net immigration and the economy is projected to grow by $7 trillion ... Read More

U.S. economy grew more than first reported in 2023 fourth quarter

March 28 (UPI) --The U.S. economy grew even more in the fourth quarter of 2023 than previously reported, according to a Bureau of Economic Analysis ... 2 billion in the fourth quarter, up $10.7 ... Read More

GDP update boosts U.S. fourth-quarter economic growth rate to 3.4%

The growth rate of the economy is forecast to taper to a still-healthy 2 ... up to to show a 3.3% increase in the fourth quarter instead of 3%. Consumer spending accounts for about 70% of the U.S ... Read More