GDP

Consumer spending up in Feb; jobless claims at 45-year low

U.S. GDP Grew by 3.5 Percent in Third Quarter

The U.S. economy grew at a robust annual rate of 3.5 percent in the July-September quarter as the strongest burst of consumer spending in nearly four years helped offset a sharp drag from trade.

Members of the family-run business of Mole Poblano Asuncion Corp. pose for a photo in their small store in the Bushwick neighborhood of Brooklyn borough of New York, Tuesday, July 31, 2018. They are, standing from left: Canny Rojas, Sally Rojas, Jesse Hernandez, Christina Mora, Franco Hernandez and Candida Fuentes. …

Parker: Helping Small Businesses in a Tight Labor Market

Elaine Parker writes in Real Clear Policy about the policy avenues being pursued in the expanding economy to assure small businesses have competitive access to qualified, skilled workers to fill their growing needs.

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Commerce Department Revises Second Quarter Growth Up to 4.2%

WASHINGTON (AP) — The U.S. economy grew at a strong 4.2 percent annual rate in the April-June quarter, the best showing in nearly four years, as growth stayed on track to produce its strongest full-year gain in more than a decade. Strength in business investment offset slightly slower consumer spending.

US President Donald Trump (C) interacts with children as people participate in the White House Sports and Fitness Day on May 30, 2018 in Washington,DC. (Photo by Nicholas Kamm / AFP) (Photo credit should read NICHOLAS KAMM/AFP/Getty Images)

Atlanta Fed Boosts Second Quarter GDP Forecast to 4.8%

The GDPNow forecast has been climbing higher following the releases of good economic data. On May 25, the measure foresaw four percent GDP growth. This rose to 4.7 percent Thursday and ticked even higher on Friday following the better than expected jobs report for May.