GDP

UK GDP rose just 0.1 per cent in the last quarter, less than expected, with the largest cyber attack in British history blamed by the govt.

The U.S. economy grew at a faster pace in the second quarter than was earlier estimated, the U.S. government said Thursday.

The U.S. economy is projected to grow at a faster pace over the next three years thanks to recent tax cuts and spending measures by the Republican majorities on Capitol Hill and signed into law by President Donald Trump, the

Gross domestic product rose at a 3.3 percent annualized rate in the second quarter, up from the Commerce Department’s initial 3.0 percent estimate and above the 3.1 percent pace economists had forecast.

MAIDENS, South Ayrshire, Scotland — U.S. President Donald Trump told Breitbart News exclusively Monday that Chinese president Xi Jinping has been clamoring for a meeting in-person with him soon, and that may happen as soon as sometime this year, either in China or at the White House in the United States.

The White House Council of Economic Advisers released a study on Thursday detailing that the Trump administration’s energy policies could add nearly two points to the U.S. Gross Domestic Product by 2035.

GDP shrinks 0.5% on downward revisions to consumer demand and government spending.

India reported 7.4 percent economic growth between January and March 2025, coming in much higher than analyst predictions of 6.7 percent growth, and also much better than the 5.4 percent growth claimed by its regional rival China.

Treasury Secretary Scott Bessent said Tuesday that he expects the first quarter GDP figures will be revised up, hinting that the contraction recorded in the government’s first estimate of economic growth for the January through March period might be flipped into

On Friday’s broadcast of CNN’s “The Lead,” Sen. Alex Padilla (D-CA) stated that “the vast majority of immigrants who happen to be here unlawfully” “are so critical to keep our economy going” and blamed the Trump administration’s immigration policies for

Yesterday’s Breitbart Business Digest explained that the front-running on tariffs came from businesses and not from consumers. Today we expand on the evidence and explain why this is bullish for the economy.

The supposed culprit of the import surge—consumer panic buying—simply isn’t real. Consumers are not front-running the tariffs, and that is good news.

On Wednesday’s broadcast of the Fox News Channel’s “Special Report,” U.S. Trade Representative Amb. Jamieson Greer reacted to the decline in GDP by stating that there was a “healthy” core GDP and good business investment and government spending falling is a

The disappointing headline GDP number was enough to spark another round of recession hand-wringing across Wall Street and the financial press. But the details tell a different story.

A surge of imports and decline of government spending caused the economy to contract at the start of 2025.

The American economy, like Mark Twain, may be forced to declare that rumors of its death are greatly exaggerated.

On Tuesday’s broadcast of the Fox News Channel’s “Special Report,” Treasury Secretary Scott Bessent stated that he thinks getting deficits to 3% of GDP is “a two, three, four-year” project and “by 2028, I would like to see the deficit

Europe´s economy stagnated at the end of last year as its former growth engine, Germany, finished a second straight year of shrinking output.

Imports dragged down GDP but consumer spending was the strongest it has been in over a year.

The Penn Wharton Budget Model finds that the tax and spending plans of Kamala Harris have twice as much drag on the economy.

If someone were inventing a curse to fit our immediate economic era, they might put it this way: “May you live in an age of interesting revisions.”

Consumer spending was stronger than thought but business investment weaker.

The EU needs more migration to boost economic growth amid the birth rate decline among native populations, a top central banker has claimed.

What recession?

The stronger-than-expected growth indicates that the economy has continued to expand despite high interest rates, calling into question the need for a rate cut from the Federal Reserve in the near term.

The U.S. economy grew less than previously thought in the first three months of the year, expanding at an annual pace of just 1.3 percent, revised government data showed Thursday.

On Thursday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” White House Council of Economic Advisers Chair Jared Bernstein stated that even with the latest GDP report, we “really haven’t seen much in terms of slow growth yet.”

On Thursday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” White House Council of Economic Advisers Chair Jared Bernstein stated that the White House is okay with the latest GDP report, “especially once you get under the hood,

The pace of economic growth in the first three months of the year was far more sluggish than anyone expected—and inflation was much higher.

The economy continues to defy expectations for a slowdown, casting doubt on the idea that the Fed will cut rates in the first half of this year.

Gross domestic product, the official scorecard of the economy, grew at a 3.4 percent annualized rate in the final three months of 2023. The previous estimate had the economy growing at a 3.2 percent pace.

Biden’s reckless spending program contributed to inflation, triggering a two-quarter downturn in the economy a year after the American Rescue Plan was signed.

China set an official 2024 target for GDP growth of around five percent in a report from Premier Li Qiang to the National People’s Congress.

The U.S. economy in the final quarter of last year grew at a slightly slower rate after adjusting for inflation than previously estimated, the Commerce Department reported Wednesday. Gross domestic product, the government’s broad measure of economic activity, expanded at

Japan’s economy and currency weakened somewhat more than expected in 2023, causing it to slide behind Germany to become the world’s fourth-largest economy.

The Wall Street prognosticators got it all wrong.