The economy in the U.S. expanded more than previously forecast in the second quarter, propelled by the biggest gain in business investment in more than two years, which bodes well for the rest of 2014.
August 28, 2014Government
Economy Grows in Second Quarter as Consumer Spending Rises
Gains in consumer spending and business investment helped the U.S. economy rebound more than forecast in the second quarter following a slump in the prior three months that was smaller than previously estimated.
July 30, 2014Government
Economy Shrank in First Quarter by Most in Five Years
The U.S. economy contracted in the first quarter by the most since the depths of the last recession as consumer spending cooled.
June 25, 2014Government
Economy Contracted 1% in First Quarter
The U.S. economy contracted at a 1% annual pace in the first quarter compared with the previous quarter, the first contraction since 2011, the Commerce Department reported May 29.
May 29, 2014Government
First-Quarter GDP Edges Up 0.1%
The U.S. gross domestic product grew at a 0.1% annual rate in the first quarter, the Commerce Department reported April 30.
April 30, 2014Government
US Economy Expands More Than Previously Estimated in Fourth Quarter
The U.S. economy grew more rapidly in the fourth quarter than previously estimated, as consumer spending climbed by the most in three years, showing the expansion had momentum heading into this year’s harsh winter.
March 27, 2014EditorialGovernment
Editorial: Things Are Looking Up
Signs are increasing that the nation’s economic health is steadily improving. It’s not a barnburner, and there is still some uncertainty, as the Commerce Department trimmed its estimate of fourth-quarter 2013 growth to an annual rate of 2.4% from 3.2% in an earlier estimate.
March 10, 2014Government
Fourth-Quarter GDP Rate Revised Down to 2.4%
The U.S. economy increased at a revised 2.4% annual rate in the fourth quarter, down from an originally reported 3.2% gross domestic product figure, the Commerce Department reported.
February 28, 2014Government
Economy Grows at 4.1% Rate in Third Quarter
The U.S. economy expanded at a 4.1% annual rate in the third quarter, the strongest since the final three months of 2011 and up from an estimate of 3.6%, the Commerce Department said Dec. 20.
December 20, 2013Government
Economy Grows at 3.6% Rate in Third Quarter
The U.S. economy expanded at a 3.6% annual rate in the third quarter, up from an initial estimate of 2.8% growth, the Commerce Department said Dec. 5.
December 5, 2013