Economy Surged 2.4% in Second Quarter

The nation’s economy grew at an annual rate of 2.4% in the second quarter, posting an acceleration ... Markets rallied on the news. “You’d think after 500 basis points of tightening we ... Read More

The economy grew robust 2.8% in the second quarter. What it means for interest rates.

The economy expanded at a 2.8% annual rate in the second quarter. Growth is expected to slow this year as high interest rates take a bigger toll. Read More

The US economy grew way faster than expected this spring

US real GDP blew past expectations in the year's second quarter. It rose 2.8% compared to a forecast of 2.0%. Read More

U.S. economy grew at 2.8% rate in second quarter, higher than expected

The American economy measured by gross domestic product grew by 2.8% in the second quarter of 2024, substantially stronger than the expected 2.1% growth. The resilient growth despite high interest ... Read More

US economy regains speed in second quarter; price pressures easing

The U.S. economy grew faster than expected in the second quarter amid solid gains in consumer spending and business investment, but inflation pressures subsided, leaving intact expectations of a ... Read More

What you need to know about America’s shockingly good economic report

Within the GDP report, there is a specific measure that is a good gauge of consumer demand in the economy, affectionately known as “final sales to private domestic purchasers” (don’t try to say that ... Read More

The US economy is pulling off something historic

America’s economy is about to stick what’s called a “soft landing,” which is when inflation returns to the Fed’s target without a recession — a feat that’s only happened once, during the 1990s, ... Read More

US economy beats growth expectations in second quarter

The US economy grew faster than expected in the second quarter amid solid gains in consumer spending and business investment, but inflation pressures subsided, leaving intact expectations of a ... Read More

How China's Economy Compares to the US's After Latest Results

World Bank data shows the gap between the top two economies widened last year. China's was just two-thirds the size of the U.S.'s down from 70 percent in 2022 and 76 percent in 2021. Read More

US economy rebounds with 2.8% GDP growth in Q2; price pressures easing

Economists polled by Reuters had forecast GDP rising at a 2.0 per cent rate. Estimates ranged from a 1.1 per cent rate to a 3.4 per cent pace. Read More

US GDP surged a record 33% in the 3rd quarter as the economy reopened, roughly double the next-biggest jump

The reading represents how much the economy would've grown had the third-quarter rate lasted for a year. It's a sharp reversal from the second quarter's 31.4% annualized ... the $2.2 trillion ... Read More