GDP

Spending by American households triggered a surge in economic growth in the third quarter of this year.

The Manufacturing Recession May Have Hit Bottom A few months ago, we were among the first to notice that the housing downturn appeared to have ended. Now it looks like manufacturing has hit its cyclical nadir. The purchasing managers’ surveys from

The U.S. economy grew at a 2.4 percent annual rate in the second quarter, the Commerce Department said on Thursday.

The pace of growth of the U.S. economy picked up in the spring despite the Federal Reserve’s attempt to slow things down. Gross domestic product rose at a 2.4 percent annualized rate in the April through June period, the government said

The third revision to first quarter GDP indicated Fed rate hikes have been less effective than thought.

So much for the Tories, who have enjoyed 13 years under false promises of fiscal probity: UK net debt is now 100.1 per cent of GDP. 

Goldman Sachs downgraded its 2023 growth forecast for China from 6% to 5.4% on Sunday, joining financial institutions like UBS, Bank of America, Nomura, and JPMorgan that have made comparable downward revisions to their China growth forecasts over the past few weeks.

Did the economy grow or shrink in the first three months of the year?

New figures show the German economy suffered an unexpected dip in the first quarter of this year, putting the country into recession.

One per cent of Western GDP is a small sacrifice to defeat Russia and is dwarfed by what America spent to beat Nazi Germany, says Ukraine.

The March rebound for wholesale inventories unexpected evaporated in the Commerce Department’s second estimate.

There was nothing in the Commerce Department’s report on first-quarter gross domestic product that should give the Federal Reserve a reason to hold back on raising interest rates.

The U.S. economy expanded at a sluggish 1.1 percent annual pace in the first three months of the year despite strong consumer spending. Wall Street analysts had expected a two percent increase in gross domestic product after the economy grew

Susan Rice, a senior aide to President Joe Biden, claimed that anti-black racism had cost the U.S. economy $16 trillion over the last 20 years.

Republican presidential candidate Vivek Ramaswamy told Sirius XM’s Breitbart News Saturday host Matt Boyle that pro-economic growth policies are the best way to offset the $31.3 trillion national debt.

Still think the stance of monetary policy is restrictive?

But inflation ran hotter.

The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of high interest rates and widespread fears of a looming recession.

Consumer spending was stronger than reported and prices higher.

During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers reacted to the third quarter GDP

On Thursday’s broadcast of NBC’s “MTP Now,” CNBC Economics Editor Jeff Cox stated that if you took out the unsustainably high rise in exports, the third quarter GDP would have been negative and most economists believe that by “early or

During a portion of an interview with NPR aired on Thursday’s edition of NPR’s “Morning Edition,” Moody’s Analytics Chief Economist Mark Zandi reacted to the third quarter GDP numbers by stating that GDP has “gone effectively nowhere over the past year”

The growth follows two straight quarters of contraction. It probably will not last.

The Chinese government was scheduled to release its third-quarter Gross Domestic Product (GDP) report on Tuesday, but the publication was suddenly delayed indefinitely on Monday, without a formal announcement or explanation.

The stronger dollar hurt exports but imports fell by even more.

The economy is very close to a third straight quarter of contraction.

A prolonged expansion, mostly due to a more resilient consumer and labor market, will mean a more aggressive Fed and a bigger rise in unemployment next year.

On Thursday’s broadcast of the Fox News Channel’s “Your World,” Sen. Mike Rounds (R-SD) stated that President Joe Biden is telling people “don’t look at the inflation rate, don’t look at GDP, don’t look at the energy prices, don’t talk

A poll conducted by the Caixin news service on Monday found China’s economy foundering as the second half of 2022 began, with slower manufacturing activity, higher unemployment, and a depressed real estate market. 

More than four in ten Americans have been forced to cut back on everyday habits and items, including the amount of groceries they purchase, as a result of Bidenflation, a recent Suffolk University/USA TODAY survey found.

Oil and natural gas trade groups released an analysis that shows economic benefits to American consumers from domestic use and exports.

The UK’s Green Party has demanded that the two candidate’s vying to become Britain’s next Prime Minister abandon aims for economic growth for the sake of the climate crazy agenda.

On Thursday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” Commerce Secretary Gina Raimondo reacted to the second quarter GDP numbers by stating that GDP growth was going to slow, and “we’re feeling, except for inflation, which I know is tough on

The Club for Growth launched an ad on Thursday, commemorating the official start of a recession under President Joe Biden’s watch, Breitbart News can exclusively reveal.

On Wednesday’s broadcast of CNN’s “At This Hour,” White House Council of Economic Advisers member Jared Bernstein stated that there were “quite positive” aspects to first quarter GDP even though growth was negative and there are “some real headwinds from

Better than expected data on inventories and the trade deficit was not enough to push GDPNOW into positive territory.