U.s. Economy Grows At 2.5% Rate In 1st Quarter

WASHINGTON -- U.S. economic growth accelerated from January through March, buoyed by the strongest consumer spending in more than two years. The strength offset further declines in government spending that are expected to drag on growth throughout the year.

RELATED ARTICLES
  • Real 'Fault in Our Stars' couple reunited by hope
    Katie and Dalton Prager, a young couple who both have cystic fibrosis, celebrated happy news when they reunited Tuesday afternoon after nearly five months apart: Katie is on her way to getting a lifesaving lung transplant. More
  • US home sales rebound slightly in February
    U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
  • Dollar rises above 100 yen for 1st time in 4 years
    The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
  • Obama to open middle-class jobs, opportunity tour
    Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
BING NEWS:
  • Uninsured ranks grow to 8.5%; 1st uptick since 2010
    Historically, health insurance coverage has tended to increase when the economy grows, since most Americans get health plans through employers. Indeed, before 2018, the uninsured rate had not risen in ...
    09/10/2019 - 10:09 pm | View Link
  • Economy Watch: U.S. Poverty Grows
    The index is based on real-time diesel fuel consumption data for over-the-road trucking and serves as an indicator of the state and possible future direction of the U.S. economy. The index pretty much ...
    09/6/2019 - 9:48 am | View Link
  • U.S. economic growth slows in Q2 2019, 2018 falls below Trump target
    WASHINGTON, USA – The American economy ... rate, reversing December's increase. The Commerce Department reported that gross domestic product in the April-June quarter slowed to 2.1% from the first 3 ...
    07/27/2019 - 1:00 pm | View Link
  • Big U.S. Stocks' Q3 2018 Fundamentals
    By late September the SPX had powered 333.2% higher over 9.5 years, making for the 2nd-largest and 1st-longest stock bull in US history ... and doubling without gobbling up the entire US economy, ...
    11/9/2018 - 4:39 pm | View Link
  • U.S. economy grows 3.5 percent, boosted by consumer spending
    WASHINGTON — The U.S. economy grew at a robust annual rate of 3.5 percent in the July-September quarter as the strongest burst of consumer spending in nearly four years helped offset a sharp drag from ...
    10/25/2018 - 10:53 pm | View Link
  • More
BING SEARCH:
  • U.S. Economy Grows 3.1% in First Quarter of 2019
    The U.S. economy grew at 3.1% in the first quarter of this year as the economic explosion under the Trump administration continues to prosper. The Commerce Department released the data on Thursday which indicated a growth spike nearly 1% higher from last quarter.
    09/5/2019 - 3:39 am | View Website
  • Data
    Published on 2018-05-30. US GDP Growth Beats Forecasts in Q1. The US economy expanded an annualized 2.3 percent on quarter in the first quarter of 2018, below 2.9 percent in the previous period but beating market expectations of 2 percent. Still, it is the lowest growth rate in a year, the advance estimate showed.
    09/5/2019 - 12:54 am | View Website
  • U.S. economy grows at 2.1%, cooling off from first quarter ...
    The U.S. economy grew at a rate of 2.1% in the second quarter, slightly higher than forecasts for growth of 2%.
    07/26/2019 - 5:17 am | View Website
  • U.S. Economy Grew at Unrevised 3.1% Rate in First Quarter ...
    The pace of U.S. economic growth remained at a strong 3.1% annual rate in the first three months of the year, but a downward revision to consumer spending suggests the momentum could be difficult ...
    06/27/2019 - 8:29 am | View Website
  • US GDP First-Quarter 2019: Growth Revised Down Less Than ...
    Government spending in the first quarter was revised to a 2.5% annualized gain from 2.4%. The GDP report is the second of three estimates for the first quarter; the third is due June 27. — With ...
    05/30/2019 - 8:27 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News