UK Economy Shrinks 0.3% As Estimated

(RTTNews) - The UK economy contracted in the fourth ... goods and services was 1.1 percent of GDP in the fourth quarter, revised up from the first estimate deficit of 1.6 percent. Read More

UK Economy Expands For Second Month

(RTTNews) - The UK economy expanded for the second straight month ... the January figure confirms the recession ended in the fourth quarter, Capital Economics' economist Paul Dales said. Read More

UK Growth Uptick Fuels Hopes Of Recession Exit

Britain's economy expanded by 0.1 percent in ... Growth for the first quarter as a whole would signal the end of the UK's recession, and many economists say another contraction now appears unlikely. Read More

UK economy: ‘No overall improvement’ for business in first quarter

The UK’s economic prospects ... conditions during the first three months of 2024, as measured by investment, sales and cashflow. For the second consecutive quarter, 56 per cent of surveyed ... Read More

Britains GDP falls by 0.3% but recession shallower than first thought

The recession that the UK entered last year was a little shallower than first thought ... ONS said the economy shrank by 0.1 percent in the third quarter and 0.3 percent in the fourth. Read More

US economy grew by just 1.6% in the first quarter, a much slower pace than expected

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

UK economy's growth points to exit from recession

(Reuters) -Britain's tepid economy is on course to exit a shallow recession after output grew for a second month in a row in February, and January's reading was revised higher, official data showed on ... Read More

Imports hold back US economy in first quarter, inflation flares up

The economy ... first time in more than year as the boost from policies by the Biden administration to bring the production of semiconductor manufacturing back to the U.S. faded. Residential ... Read More

Fourth-quarter economic growth revised up to strong 3.4% rate

GDP growth in the fourth quarter ... the economy expanded 2.5% for all of 2023, a rate that was not revised. Thursday’s final report shows the economy fared much better in 2023 than was expected. 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 ... to supply more than 900,000 low- and moderate-income homes with residential solar power. U.S. News // 11 hours ago ... Read More

Economy expanded faster than expected on boost from shoppers, strong job market

The US economy ... expanded 2.5% in 2023, an acceleration from 1.9% in 2022. Growth estimates for the first quarter are converging around a 2.0% pace. Consumer spending, which accounts for more ... 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 report released Thursday. U.S. Gross Domestic ... Read More