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Economic Growth, Consumer Spending
US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending
The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the government said in a downgrade from its previous estimate
Consumers curb US economic growth in first quarter, inflation cools
The U.S. economy grew more slowly in the first quarter than previously estimated after downward revisions to consumer spending and a key measure of inflation ticked down, keeping the Federal Reserve on track to possibly begin cutting interest rates at least once before the end of the year.
US Q1 Economic Growth Downwardly Revised To 1.3%: Consumer Spending Falters
US Q1 2024 economic growth was upwardly revised to 1.7% with higher inflation, while jobless claims rose to 220,000, slightly above expectations.
4d
Stock market today: US stocks extend losses ahead of new inflation data
Investors will get a fresh inflation reading, with implications for Fed policy as the markets heads into summer.
3d
Waco officials proactive to growth, but how is it impacting our economy?
Owners of small- and medium-sized businesses check their bank balances daily to make financial decisions. "SMBs make up 44% ...
3d
Canada Economy Grew 1.7% in First Quarter, Missing Forecasts
The Canadian economy expanded less than expected in the first quarter, with weak inventory growth offsetting strong ...
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