GDP growth in the fourth quarter was revised up by 0.2 percentage points to a 3.4% seasonally adjusted annual rate, showing the economy ended 2023 on stronger footing than previously realized.
The United States economy witnessed a robust 3.4% annual growth rate in the final quarter of the year, according to the latest governmental update released on Thursday. Originally, the economy’s ...
WASHINGTON, March 28 (Reuters) - The U.S. economy grew faster than previously estimated in the fourth quarter, lifted by strong consumer spending and business investment in nonresidential ...
US fourth-quarter GDP growth revised up; profits dive Economy Friday, 25 Mar 2016 1:41 PM MYT NEW YORK, NY - MARCH 15: People walk in a Manhattan shopping mall on March 15, 2016 in New York City ...
Thursday’s report was the Commerce Department’s third and final estimate of fourth-quarter GDP growth. It will release its first estimate of January-March growth on April 25. Close Modal ...
US economic growth cooled more than expected to 1.6 percent in the ... pulling back from the fourth quarter. ... Analysts noted that GDP figures in the first quarter could be revised later on, ...
The report from the Commerce Department showed a much stronger growth profile last quarter, with upgrades to consumer spending, state and local government investment as well as residential and ...
The 1.5 per cent year-on-year growth was well above the 0.8 per cent median estimate in a Bloomberg survey. Read more at ...
The Federal Reserve’s favored measure of prices — called the personal consumption expenditures price index — rose at a 1.8% annual rate in the fourth quarter.