The economy got a jolt of adrenaline in the spring from the biggest increase in household spending in a year and a half, but falling business investment kept a lid on second-quarter growth and signaled potential trouble ahead. GDP grew at a 2.1% annual pace vs. 3.1% in the first quarter.
Economic Report: The Economy’s Growth Slows To 2.1% In The Spring As Businesses Retrench, Gdp Shows
MarketWatch.com - Top Stories, MarketWatch
Fri, 07/26/2019 - 5:30am
BING NEWS:
- The consumer slowdown is here and its flashing a recession warning for the economy
American consumers - the backbone of the resilient US economy in recent years - appear to be winding down their wild spending spree.
05/16/2024 - 5:56 am | View Link - Japan's economy skids, clouding BOJ's rate hike plans
Japan's economy fell faster than expected in the first quarter as the weak yen continued to batter consumers, throwing a fresh challenge to the central bank's push to get interest rates further away ...
05/15/2024 - 5:07 pm | View Link - Economy
May 15, 2024 • The latest inflation numbers are in. This month's Consumer Price Index, or the CPI, is ... well, good and bad news for renters. Shelter prices went up over the last year, but at a ...
05/14/2024 - 1:00 pm | View Link - Jobs Growth Slows in April: What the Experts Are Saying
U.S. nonfarm payrolls increased by 175,000 last month, the Bureau of Labor Statistics said Friday, or the smallest gain in six months. Economists were looking for the addition of about 240,000 jobs.
05/3/2024 - 6:05 am | View Link - U.S. GDP Growth Slows Markedly, And Inflation Remains The Focus
US GDP growth slowed to 1.6% annualised in Q1 2024, less than half the 3.4% rate recorded in 4Q23, but core inflation was stronger, picking up from a 2% annualised rate to 3.7%.
04/25/2024 - 8:25 pm | View Link - More
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