Economic Growth Cools as American Consumers Temper Spending
The U.S. economy expanded at a slower pace in the fourth quarter as households tempered spending and businesses cut back on capital investment and adjusted inventories.
January 29, 2016Consumer Spending in Third Quarter Paces 2% Economic Growth
The U.S. economy expanded at a revised 2% annualized rate in the third quarter, buoyed by consumer spending as businesses struggled to sell to overseas customers battered by sluggish growth.
Economic Growth Cools as US Companies Rein in Inventories
The U.S. economy expanded at a slower pace in the third quarter as companies took advantage of gains in consumer and business spending to reduce bloated stockpiles.
Economy Picks Up on Consumer Spending, Construction
The world’s largest economy expanded more than previously forecast in the second quarter, boosted by gains in consumer spending and construction that may help the United States withstand a global slowdown.
GDP Rises 2.3% in Second Quarter; First Quarter Revised Upward
The world’s largest economy expanded at a faster pace in the second quarter and managed to eke out a gain at the start of the year, painting a picture of incremental progress consistent with the Federal Reserve’s view.
July 30, 2015Consumers Help GDP Contract Less Than Last Estimated
The world’s largest economy shrank in the first quarter, just not as much as previously estimated, with the help of a bigger gain in consumer spending.
Economy Shrank in First Quarter as Trade Deficit Surged
The world’s largest economy hit a bigger ditch in the first quarter than initially estimated, held back by harsh winter weather, a strong dollar and delays at ports.
Economy Stalls on Slump in Business Spending, Exports
The economy in the U.S. barely grew in the first quarter, buffeted by slumps in business investment and exports after oil prices plunged and the dollar surged.
April 29, 2015Fourth-Quarter GDP Rises Less Than Prior Estimate
The economy in the U.S. expanded at a slower pace in the fourth quarter than previously reported, restrained by a smaller gain in stockpiles and widening trade gap.
February 27, 2015Economy Grows by Most in a Decade on Consumer-Spending Gain
The world’s largest economy surged in the third quarter, expanding at the fastest pace in more than a decade, as U.S. consumers and businesses spent more than previously estimated.