Economy News Us Economy Grew Solid 3 2 In Fourth Quarter, A Slight Downgrade From Government S Initial Estimate

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

US economy grew faster than expected in the second quarter

The U.S. economy's GDP grew at a 3.8% rate in the second quarter following the latest revision after the economy recorded a 0.5% contraction in the first quarter. Read More

Government shutdown blocks key GDP data release – what do the Fed's models say about economic growth?

The ongoing government shutdown has delayed the official third-quarter GDP report release, although real-time estimates from a pair of Federal Reserve banks suggest the economy grew. Read More

Government Shutdown Has Already Cost US Economy $18 Billion This Year, CBO Says

The federal government shutdown has already cost the US economy at least $18 billion this year, a figure that “will intensify” in the weeks to come, according to the Congressional Budget Office. Read More

US economy is growing at fastest pace in nearly 2 years — White House calls it ‘explosive growth’ as spending roars back. Is Trump really winning?

Take, for example, the fact that after months of dismal jobs numbers and recession predictions, a recent White House press release touted the U.S. Bureau of Economic Analysis’ revision of second ... Read More

AI-Led Investments Are Driving US Economic Growth

There’s no official read on how fast the US economy grew last quarter, thanks to the government shutdown. But almost everyone reckons it was a healthy pace — and that’s largely thanks to AI. Read More

U.S. Economy Probably Grew At Solid Pace In Q3

Economic growth increased at an estimated 2.8% annualized pace in Q3, based on the median estimate for a set of nowcasts compiled by CapitalSpectator.com. If accurate, economic activity cooled from Q2 ... Read More

US economy expanded at a surprising 3.8% pace in significant upgrade of second quarter growth

The U.S. economy expanded at a surprising 3.8% from April through June in a dramatic upgrade of the government's previous estimate of second-quarter growth ... Read More

US government shutdowns raise uncertainty but rarely have lasting effect on economy

Fed's October rate decision complicated by data gaps Private payrolls data shows job cuts, raising concerns Consumer spending often resilient during shutdowns Oct 1 (Reuters) - The U.S. government ... Read More