US Economy Grew Solid 3.2% in Fourth Quarter
WASHINGTON — The U.S. economy grew at a robust 3.2% annual pace from October through December, propelled by healthy consumer spending, the Commerce Department reported Feb. 28.
US Economy Grew at Strong 3.3% Rate to End 2023
WASHINGTON — The nation’s economy grew at a brisk 3.3% annual pace in Q4 as Americans showed a continued willingness to spend despite high interest rates and price levels.
Q2 GDP Remains Steady at 2.1% Growth
WASHINGTON — The U.S. economy grew at a 2.1% annual pace from April through June, extending its sturdy performance in the face of higher interest rates, the government said Sept. 28.
US Economic Growth for Q2 Revised Down to 2.1%
The economy expanded at a 2.1% annual pace from April through June, showing continued resilience in the face of higher borrowing costs, the government said Aug. 30.
Economy Grew at a Faster 2.4% Rate in April-June Quarter
WASHINGTON — The U.S. economy accelerated unexpectedly to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily higher interest rates.
GDP Growth in Q1 2023 Revised to 2%
Showing resilience in the face of higher interest rates, the U.S. economy grew at a 2% annual pace from January through March as consumers spent at the fastest pace in nearly two years.
Economic Growth for Last Quarter Is Revised Up to 1.3%
WASHINGTON — The U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown trimmed their inventories, the government said.
US Revises Down Last Quarter’s Economic Growth to 2.6% Rate
WASHINGTON — The U.S. economy maintained its resilience from October through December despite rising interest rates, growing at a 2.6% annual pace.
GDP Grew 3.2% in Q3, an Upgrade From Earlier Estimate
Shrugging off rampant inflation and rising interest rates, the U.S. economy grew at an unexpectedly strong 3.2% annual pace from July through September.
US Economy Shrank 0.9% Last Quarter, Its 2nd Straight Drop
WASHINGTON — The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession.