Economic Growth Surprisingly Slowed To 1.6% In First Quarter

Key Takeaways The U.S. GDP grew at an annual rate of 1.6% in the fourth quarter, undershooting the median forecast for 2.2% growth.High interest rates, meant to fight inflation, are dragging down ... Read More

U.S. productivity slumps in first quarter

The numbers: U.S. productivity rose at a paltry 0.3% annual clip in the first quarter, down from a revised 3.5% gain in the prior three-month period, the government said Thursday. Economists surveyed ... Read More

5 indicators that show the US economy is still firing on all cylinders despite slowing GDP

"The workhorse of the US economy remains the consumer, and there's really not much sign of a slowdown," Carson Group said. Read More

Stocks plummet on report U.S. GDP growth slowed to 1.6% in first quarter

U.S. gross domestic product slowed to a lower than expected 1.6% in the first quarter, according to a Thursday Bureau of Economic Analysis report. In the fourth quarter 2023 It was 3.4%. Read More

U.S. economic growth slower than expected in 2024's first quarter

The U.S. GDP increased at a 1.4% annualized rate in the first quarter of 2024, a pace that's slower than expected and much lower than the 3.4% growth seen in the fourth quarter of 2023. CBS News ... Read More

First Quarter U.S. GDP Growth Disappoints

The U.S. economy grew just 1.6% at the annual rate in the first quarter of 2024, a disappointing reading that was below the consensus estimate of 2.4%. Real GDP growth in the first quarter was half of ... Read More

First Quarter Wagering, Race Days Both Decline

A more than 8% decline in race dates in the first quarter of 2024 contributed to a 4% drop in wagering on United States races for ... the first quarter of 2024, down 8.39% from last year's 822. Read More

Retail sales rose sharply in the first quarter — and could boost U.S. GDP

indicating the economy got a boost from consumer spending in the first quarter. Economists polled by The Wall Street Journal had forecast a smaller 0.3% increase. Read More

U.S. Economic Review And Outlook Q1 2024

The broadest measure of economic activity ... pace through the first quarter. The job market remains tight, but perhaps with some signs of slowing. Inflation, while down substantially from ... Read More

Chinese Economy Beats Growth Expectations In First Quarter

China's economy expanded far more than expected in the first quarter of 2024 ... calling it a "good start". The GDP data remains a key insight into the health of China's economy, despite being ... Read More

China's GDP rose 5.3% in the first quarter, but it doesn't mean the economic pain is over

An image of a chain link. It symobilizes a website link url. Copy Link China reported robust economic growth for the first quarter of 2024. The world's second-largest economy grew 5.3% in the ... Read More

China’s economy expands by a surprisingly strong pace in the first quarter of 2024

But he acknowledged that “the foundation for economic stability and improvement is not yet solid.” Industrial production jumped 6.1% in the first quarter ... in the United States and European ... Read More