US GDP Grows at Solid 2.8% Pace, Helped by Consumer Spending
The US economy expanded at a solid pace in the third quarter, largely powered by a broad-based advance in consumer spending as inflation continued to cool.
US economy grows at 2.8% pace in third quarter on consumer spending, unchanged from first estimate
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth.
US Economy Posts Solid 2.8 Percent Growth in Q3, Consumer Spending Leads
The U.S. economy grew at an annualized 2.8 percent pace in the third quarter, driven by strong consumer spending and rising exports, according to revised data released by the Commerce Department. Though slightly slower than the previous quarter's 3 percent growth, the report highlights the economy's gradual fight against inflationary pressures.
U.S. Economic Growth Unrevised At 2.8% In Third Quarter
The jump by U.S. economic activity in the third quarter was unrevised compared to the previous estimate, according to a report
US Economy: GDP Grows at 2.8%, Jobless Claims Fall
Let's start with initial jobless claims. 213,000 that is down from a revised 215 was 213 last week. So basically no change. The forecast was for 215. So we come in still low. No layoffs. Everybody can give thanks.
US economy grows at solid 2.8% pace in third quarter on consumer spending, exports, unchanged from initial estimate
US economy grows at solid 2.8% pace in third quarter on consumer spending, exports, unchanged from initial estimate
U.S. economy grew at 2.8% pace in third quarter — and it’s still going strong
The U.S. grew a 2.8% annual pace in the third quarter, revised figures showed, and indicated the economy headed into the crucial holiday shopping season with plenty of momentum. The increase in gross domestic product,
GDP grew at 2.8% rate in third quarter, revision shows
The economy grew at a 2.8% annual rate in the third quarter of this year, just under the 3% rate the quarter before, the Bureau of Economic Analysis reported Wednesday morning in a second estimate of gross domestic product.
Revised U.S. GDP Nowcast For Q4 Still Reflects Modest Slowdown
The US economy remains on track to end the year with a moderate increase in output, according to the median Q4 GDP estimate ...
The total wealth of Trump’s top team is $340 billion — more than the GDP of 169 countries
Donald Trump’s campaign pledged to be a champion for working class Americans. His incoming administration is stuffed with ...
The Taipei Times13h
US GDP grows 2.8%, price pressures easing
Within the GDP data, a category that measures the economy’s underlying strength rose at a solid 3.2 percent annual rate from ...
New Zealand GDP Grew Faster in March Year, Data Revisions Show
New Zealand’s economy grew significantly more than previously reported in the year through March 2024, according to revised ...
BusinessWorld2d
GDP growth on track to reach 6-7% target
THE COUNTRY is still on track to meet the government’s gross domestic product (GDP) growth targets for this year and the next ...
Reuters on MSN2d
Slackening demand likely weighed on India's GDP growth in September quarter
Private consumption accounts for about 60% of India's gross domestic product (GDP) but sales of items from cars to biscuits ...
Thailand's GDP growth of 3% is 'too low': Bangkok Bank executive
Kobsak Pootrakool, Senior Executive Vice President at Bangkok Bank and a former Minister in Thailand, says the country needs ...
Opinion
GDP Is the Wrong Way To Measure America's Economic Strength | Opinion
Ruling elites and the governed are speaking different dialects regarding economic well-being, a disconnect that crosses lines of party, culture, and ideology.
Nairametrics3d
Nigeria’s GDP grows by 3.46% in Q3 2024, driven by services sector
Nigeria’s Gross Domestic Product (GDP) grew by 3.46% year-on-year in real terms during the third quarter of 2024, according ...
The perils in the search for the perfect GDP alternative
Well, in the UK, the results are in and they are, frankly, a bit of a mess. The ONS has attempted to measure all of these things, attach financial values to them and create measures of gross inclusive ...