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U.S. economic growth remains impressive. It’s the envy of the world, except at home
The Commerce Department said Wednesday that U.S. gross domestic product, the broadest measure of economic output, expanded at a robust annual rate of 2.8% in the third quarter. Read More
US economy grew at a sturdy 2.8 percent pace in third quarter
The final economic growth report before the election showed U.S. gross domestic product (GDP) rising at strong pace, according to data released Friday by the Commerce Department. U.S. GDP grew at ... Read More
America’s economy is at a historic point ahead of presidential election
The US economy seems to have pulled off a remarkable and historic achievement. Read More
Consumers Keep U.S. Economy Growing at Healthy Pace
In a key economic report released just days before the presidential election, gross economic product rose at a 2.8 percent rate in the third quarter. Read More
U.S. economy grew at a 2.8% pace in the third quarter, less than expected
Personal consumption expenditures, the proxy for consumer activity, increased 3.7% for the quarter, the strongest performance since Q1 of 2023. Another major factor the department cited for growth was ... Read More
China's looming fiscal package set to stabilise rather than boost growth
China's planned fiscal package targets damaged property and local government balance sheets that weigh on the economy and fuel deflationary pressures, thus acting as a stabiliser rather than the ... Read More
US economy grew at a solid 2.8% pace last quarter on strength of consumer spending
The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates. Read More
US economic growth slows, as Germany avoids recession and France gets Olympics boost – business live
Eurozone GDP grew by 0.4% in the last quarter, faster than expected, as Germany’s economy avoids second contraction in a row ... Read More
China’s Economy Slows in Third Quarter, but Growth Beats Expectations
China’s economic growth slowed in the third quarter, trending below Beijing’s annual growth target but beating market expectations. Read More
US economy grew at robust pace in third quarter
The U.S. economy grew at a robust pace over three months ending in September, slowing slightly from the previous quarter but continuing to dispel any concern about a possible slowdown. The fresh ... Read More
The economy grew 2.8% in the third quarter. How it could affect Fed interest rates
In the third quarter, consumption increased at an annual rate of 3.7%, above the 2.8% pace in the second quarter. Consumer spending makes up about 70% of economic activity. Read More
US Economy Expands at 2.8% Rate, Powered by Resilient Consumer
The US economy expanded at a robust pace in the third quarter as households and businesses stood tall in the face of global headwinds and uncertainty ahead of the November election. Read More
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