Gdp Beats Expectations In Second Quarter

The gross domestic product contracted at a pace of 1%, a vast improvement over declines in the previous two quarters, the Commerce Department reports. The American economy performed better in the second quarter than most economists expected, shrinking at a much slower pace than the previous six months and setting the stage for a recovery later this year from the worst downturn since the Great Depression.

Topics:  commerce department   the american   great   depression   quarter   pace   previous   
BING NEWS:
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    05/31/2024 - 5:06 pm | View Link
  • With 8.2% GDP growth, India remains top mover
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    05/31/2024 - 12:44 pm | View Link
  • Fiscal deficit at 5.6%, beats projection
    Higher than estimated nominal GDP helped the Centre close 2023-24 with a fiscal deficit of 5.6% of GDP, beating the government's projection of 5.8% in revised estimates. Latest data shows encouraging ...
    05/31/2024 - 12:38 pm | View Link
  • Fisc deficit at 5.6%, beats projection
    Higher than estimated nominal GDP, helped the Centre close 2023-24 with a fiscal deficit of 5.6% of GDP, compared with govt’s projection of 5.8% in revised estimates (RE), providing further cheer to ...
    05/31/2024 - 11:31 am | View Link
  • India's GDP Growth Soars To 8.2% In FY24, Surpassing All Expectations
    India's G20 Sherpa Amitabh Kant also said India continues to reinforce its position as the fastest-growing large economy in the world.
    05/31/2024 - 8:10 am | View Link
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