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WASHINGTON (AP) — 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. Wednesday ...
The U.S. economy grew at a 2.8% annual rate in the third quarter, according to Commerce Department data released Wednesday. That pace is slightly slower than what economists forecasted.
The economy expanded at a 2.8% annual rate in the second quarter. Growth is expected to slow this year as high interest rates take a bigger toll.
Gross domestic product, the broadest measure of goods and services produced across the economy, grew at a 2.8% annualized rate during the second quarter.
The economy grew at a 3.0% pace in the April-June quarter. It is expanding at a pace that is well above what Federal Reserve officials regard as the non-inflationary growth rate of around 1.8%.
Economists surveyed by Dow Jones had expected an increase of 3.1%. The economy accelerated at a 3% pace in the second quarter.
Real gross domestic product, a measure of all the goods and services produced during the April-through-June period, increased at a 2.8% annualized pace adjusted for seasonality and inflation.
Fourth quarter economic growth eased to an annualized rate of 2.3 percent, shy of an expected 2.6 percent, as the economy heads into uncertain territory. Gross domestic product (GDP) growth slowed … ...
WASHINGTON The U.S. economy expanded at a healthy annual 2.4% pace the final three months of 2024, supported by a year-end surge in consumer spending, the government said Thursday in a slight ...
The US economy expanded at a solid pace in the third quarter, largely powered by a broad-based advance in consumer spending and steady business investment. Gross domestic product increased at a 2. ...
The US economy grew at an annual rate of 2.8% from July to September, driven by strong consumer spending despite high interest rates.