Us Economic Growth Is Revised Up

US economic growth is revised up

The US economy grew at an annualised rate of 1.7% between April and June, figures show, up from a previous estimate of 1.6%.

Senh: It's just a 0.1% increase, but we'll take whatever good news we get.

Sections:  news   business   
Topics:  economic growth   economy   good news   
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BING NEWS:
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    05/3/2024 - 7:08 am | View Link
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BING SEARCH:
  • What is economic growth? | McKinsey
    What is GDP? GDP is the monetary value of goods and services a country produces in a certain period. Traditionally, GDP has been considered the best indicator of a country’s economic growth because it accounts for the country’s entire economic output, including goods and services sold both domestically and internationally.
    05/3/2024 - 7:17 pm | View Website
  • What is economic growth? And why is it so important?
    “Economic growth is an increase in the production of economic goods and services, compared from one period of time to another” is the definition at Investopedia. Alternatively, to my definition, I think it can be useful to think of economic growth as not directly concerned with the output as such but with the capacity to produce this output.
    05/3/2024 - 11:17 am | View Website
  • Economic growth (article) | Khan Academy
    Economic growth means that an economy has increased its ability to produce more. When an economy is producing beyond potential output, it might have experienced an increase in real GDP, but that is not economic growth.
    05/3/2024 - 11:10 am | View Website
  • What Is Economic Growth and How Is It Measured?
    Understanding Economic Growth. In simplest terms, economic growth refers to an increase in aggregate production in an economy, which is generally manifested in a rise in national income....
    05/3/2024 - 11:03 am | View Website
  • Economic Growth
    Economic growth means an increase in the quantity or quality of the many goods and services that people produce. The history of economic growth is, therefore, the history of how societies left widespread poverty behind.
    05/3/2024 - 6:59 am | View Website
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