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US Economy Grows 1.6% In Q1, Sharply Below Expectations As Price Pressures Weigh On Spending (CORRECTED)

The U.S. economy grew in the first quarter of the year, albeit at a markedly slower pace compared to the final quarter of 2023. read more.....»»

Category: blogSource: benzingaApr 25th, 2024

U.S. economy grows 1.9%

U.S. economic growth slowed less than expected in the third quarter. Resilient consumer spending offset declining business investment. As Fred Katayama reports, that allayed fears of a recession......»»

Category: videoSource: reutersOct 30th, 2019

U.S. economy grows at modest 1.9% rate in third quarter

The U.S. economy slowed to a modest growth rate of 1.9% in the summer as consumer spending downshifted and businesses continued to trim their investments in response to trade war uncertainty and a weaken.....»»

Category: topSource: latimesOct 30th, 2019

TravelSky Technology: Cost Pressures And Slower Revenue Growth To Weigh On Share Price

TravelSky Technology: Cost Pressures And Slower Revenue Growth To Weigh On Share Price.....»»

Category: topSource: seekingalphaOct 3rd, 2019

Consumer confidence declines by most in 9 months

U.S. consumer confidence posted the biggest drop since the start of the year as Americans’ expectations for the economy and the job market deteriorated, posing a risk to the household spending that is underpinning growth......»»

Category: topSource: moneycentralSep 24th, 2019

Economic Report: Import prices drop again after oil prices fall, U.S. farmers also suffer from price declines

The cost of imported goods fell sharply in August owing to a decline in petroleum prices, indicating the U.S. is facing little price pressures from abroad......»»

Category: topSource: marketwatchSep 13th, 2019

U.S. economy slowing, but consumers limiting downside

U.S. economic growth slowed in the second quarter, the government confirmed on Thursday, but the strongest consumer spending in 4-1/2 years amid a solid labor market threw cold water on financial market expectations of a recession......»»

Category: topSource: reutersAug 29th, 2019

Economy slowing, but consumer spending remains strong

The U.S. economy slowed in the second quarter, but the strongest growth in consumer spending in 4 1/2 years amid a strong labor market could further temper financial market expectations of a recession......»»

Category: topSource: moneycentralAug 29th, 2019

Economy slowing, but consumer spending remains strong

The U.S. economy slowed in the second quarter, but the strongest growth in consumer spending in 4 1/2 years amid a strong labor market could further temper financial market expectations of a recession......»»

Category: topSource: moneycentralAug 29th, 2019

U.S. economy slows in second quarter; consumer spending robust

The U.S. economy slowed in the second quarter, but the strongest growth in consumer spending in 4-1/2 years amid a strong labor market could further temper financial market expectations of a recession......»»

Category: topSource: reutersAug 29th, 2019

US economy slowed to 2.1% growth rate in second quarter down from a 3.1% gain in the first quarter

Associated Press The US economy slowed sharply in the April-June quarter even as consumers stepped up their spending. The gross domestic product, the economy's total out.....»»

Category: topSource: businessinsiderJul 27th, 2019

Strong job growth is back: Payrolls jump in June well above expectations

Payroll growth rebounded sharply in June as the U.S. economy added 224,000 jobs and the unemployment rate rose to 3.7%......»»

Category: topSource: moneycentralJul 5th, 2019

Strong U.S. retail sales improve economy"s fortunes

U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer spending that eased fears the economy was slowing down sharply in the second quarter......»»

Category: topSource: reutersJun 14th, 2019

Solid U.S. retail sales offer economy some respite

U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer spending that could ease fears the economy was slowing down sharply in the second quarter......»»

Category: topSource: reutersJun 14th, 2019

U.S. retail sales rise in May; April revised higher

U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer spending that could ease fears the economy was slowing down sharply in the second quarter......»»

Category: topSource: reutersJun 14th, 2019

Economic Report: U.S. wholesale prices barely rise, PPI finds; Inflation poses little threat to economy

The wholesale cost of goods and services barely rose in May, reflecting easing inflationary pressures in the U.S. amid slower economic growth and fading gasoline prices. The producer price index edged up 0.1%......»»

Category: topSource: marketwatchJun 11th, 2019

U.S. inflation perks ups; slowing economy may limit gains

U.S. consumer prices increased by the most in 15 months in April, but a cooling in spending pointed to a slowdown in economic growth that could keep inflation pressures moderate......»»

Category: topSource: reutersMay 31st, 2019

U.S. consumer spending posts biggest increase since 2009

U.S. consumer spending increased by the most in more than 9-1/2 years in March, but price pressures remained muted, with a key inflation measure posting its smallest annual gain in 14 months......»»

Category: topSource: reutersApr 29th, 2019

Economic Report: Economy grows 3.2% in first quarter, GDP shows, in report showing strength as well as short-term boosts

Sharp upturn in state and local government spending helps the U.S. economy accelerate to a 3.2% annual rate in the first three months of 2019, the Commerce Department said Friday......»»

Category: topSource: marketwatchApr 26th, 2019

Economy grows 3.2% in first quarter, beating expectations

The economy accelerated to a 3.2% annual rate in the first three months of 2019, the Commerce Department said Friday......»»

Category: topSource: moneycentralApr 26th, 2019

China"s first-quarter growth unexpectedly steadies, but too early to call clear recovery

China's economy grew at a steady 6.4 percent pace in the first quarter, defying expectations for a further slowdown, as industrial production jumped sharply and consumer demand showed signs of improvement......»»

Category: topSource: reutersApr 17th, 2019