US Economy Grew Faster Than Anticipated in First Quarter
The U.S. economy expanded at a slightly faster pace in the first quarter than previously estimated, as gross domestic product rose at a 0.8% annualized rate in the three months ended in March.
May 27, 2016Economy Expands at Slowest Pace in Two Years
The U.S. economy expanded in the first quarter at the slowest pace in two years as American consumers reined in spending and companies tightened their belts in response to weak global financial conditions and a plunge in oil prices.
Economy Grew 1.4% in Fourth Quarter, Supported by Consumers
The U.S. economy grew in the fourth quarter at a faster pace than previously estimated, supported by stronger household spending that is helping cushion the expansion from weakness overseas.
Economy Expands at Faster Pace Than Expected in Fourth Quarter
The U.S. economy unexpectedly expanded at a faster pace in the fourth quarter than estimated, reflecting a higher value of business inventories.
February 26, 2016Economic Growth Cools as American Consumers Temper Spending
The U.S. economy expanded at a slower pace in the fourth quarter as households tempered spending and businesses cut back on capital investment and adjusted inventories.
January 29, 2016Consumer Spending in Third Quarter Paces 2% Economic Growth
The U.S. economy expanded at a revised 2% annualized rate in the third quarter, buoyed by consumer spending as businesses struggled to sell to overseas customers battered by sluggish growth.
Economic Growth Cools as US Companies Rein in Inventories
The U.S. economy expanded at a slower pace in the third quarter as companies took advantage of gains in consumer and business spending to reduce bloated stockpiles.
Economy Picks Up on Consumer Spending, Construction
The world’s largest economy expanded more than previously forecast in the second quarter, boosted by gains in consumer spending and construction that may help the United States withstand a global slowdown.
GDP Rises 2.3% in Second Quarter; First Quarter Revised Upward
The world’s largest economy expanded at a faster pace in the second quarter and managed to eke out a gain at the start of the year, painting a picture of incremental progress consistent with the Federal Reserve’s view.
July 30, 2015Consumers Help GDP Contract Less Than Last Estimated
The world’s largest economy shrank in the first quarter, just not as much as previously estimated, with the help of a bigger gain in consumer spending.