GDP

U.S. Economy Grows 3.2% in Q1, Smashing Expectations

The U.S. economy grew at a 3.2% annual rate in the first three months of 2019 —  beating Wall Street’s expectations of 2.5% growth —  according to the Bureau of Economic Analysis.

Workers at the Hollywood Bed Frame Company attend an event to mark the company's upcoming expansion which will double the manufacturer's workforce, adding 100 new local jobs, at the company's factory in Commerce, California, seven miles (11 km) southeast from downtown Los Angeles, April 14, 2017. Hollywood Bed Frame says …

Retail Sales Crashed in December

As the stock market slumped and the government headed into a shutdown, American consumers pulled back on spending in December.

Santa should have a good year, as retailers expect to see holiday sales in November and December jump as much as 4.8 percent over 2017

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.

The Associated Press

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.

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. …

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.

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