Similar Stories to Newswatch: U.s. Gdp Turns Negative In First Quarter, Again on Bing News

The economy contracted in the first quarter for the second straight year, a disappointing start that could foil the chance of the U.S. reaching 3% growth in 2015 for the first time in a decade. Gross domestic product – the value of everything a nation produces – shrank at a 0.7% annual rate instead of growing 0.2% as first reported.

Topics:  u.s    quarter   
BING NEWS:
  • Q1 GDP revised down on lackluster consumer spending
    Real GDP increased at an annual rate of 1.3% for the January-through-March period after rising 3.4% in the fourth quarter of 2023, according to the BEA's advance estimate.
    05/30/2024 - 9:25 am | View Link
  • First-quarter GDP growth revised down to 1.3% rate
    The economy expanded at a 1.3% seasonally adjusted annual rate in the first quarter of this year, the Bureau of Economic Analysis reported Thursday in a downward revision. Economists had expected a ...
    05/30/2024 - 2:33 am | View Link
  • U.S. GDP revised down to cooler-than-expected 1.3% growth in Q1
    Q1 U.S. gross domestic product (second estimate): +1.3% vs. 1.5% consensus and the first estimate of 1.6%. By contrast, Q4 2023 GDP grew at a robust 3.4%. Q1 personal consumption expenditures: +2.0% ...
    05/30/2024 - 1:31 am | View Link
  • Stock Market Highlights: Nifty forms bearish candle on the daily scale, trading above its key moving average supports. Key levels to watch
    On Tuesday, major stock market indicators traded in an upward trajectory, following the positive performance of Asian counterparts. The momentum was fueled by prominent players like Reliance ...
    05/28/2024 - 3:40 am | View Link
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