Economy News It’s The Economy That Matters Pce, Gdp, Durable Goods Employment Numbers
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US economy grew faster than expected in the second quarter
The U.S. economy accelerated in the second quarter as the Commerce Department released its second revision of real gross domestic product (GDP) growth for the latest quarter. The Bureau of Economic ... Read More
US economy grows at fastest pace in nearly two years as spending roars back
Fresh government data showed the US economy grew at a much stronger pace than initially estimated – news that dented hopes the Federal Reserve’s will cut rates aggressively in the months ahead. Gross ... Read More
The US economy grew at a 3.8% rate in the second quarter, significantly stronger than previously reported
The US economy’s comeback in the second quarter was just revised higher again, and economists estimate that momentum carried on in the third quarter, underscoring the resilience of the world’s largest ... Read More
How to measure the economy when the government isn't doing it
Everything's an economic indicator these days — from offbeat numbers on restaurant reservations and visits to the Statue of Liberty to more standard info on job listings. Why it matters: Companies and ... Read More
US economy expanded at a surprising 3.8% pace in significant upgrade of second quarter growth
WASHINGTON (AP) — An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8% from April through June, the government reported in a dramatic upgrade of its previous estimate of ... Read More
U.S. GDP expanded at a strong 3.8% pace in second-quarter revision
The U.S. economy grew at a strong 3.8% annualized pace in the second quarter, the government reported Thursday in its final revision of gross domestic product data for April through June. U.S. GDP — ... Read More
Fed's favored inflation gauge shows consumer prices remained elevated in August
The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in August, as policymakers seek to balance the need to restore price stability against a weakening ... Read More
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