US Economic Growth for Last Quarter Is Revised up to a Solid 3% Annual Rate WASHINGTON (AP) — The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending ...

(Bloomberg) -- The US economy bounced back from the pandemic ... For 2022, the government revised up second-quarter GDP to a 0.3% increase from a decline of 0.6%. Previously, the data showed ...

WASHINGTON, Sept 26 (Reuters) - The U.S. economy grew faster than initially thought in 2023 amid upgrades to business investment and consumer spending despite hefty interest rate increases from ...

US Economic Growth for Last Quarter Is Revised up Slightly to a 1.4% Annual Rate WASHINGTON (AP) — The American economy expanded at a 1.4% annual pace from January through March, the slowest ...

“The GDP revisions show the U.S. economy was in good shape in mid-2024,” said Bill Adams, chief economist at Comerica Bank. “Solid growth of consumer spending propelled the economy forward ...

Economists polled by Reuters had forecast GDP would be unrevised at a 2.8% pace. Consumer spending, which accounts for more than two-thirds of the economy, increased at an upwardly revised 2.9% rate.

Concerns about the US economy persist, but if there’s a slowdown brewing, it’s unlikely to show up in the second quarter GDP ...

“The GDP revisions show the US economy was in good shape in mid-2024,’’ said Bill Adams, chief economist at Comerica Bank. “Solid growth of consumer spending propelled the economy forward ...

The first quarter’s GDP growth marked a sharp pullback from ... Consumers account for around 70 percent of US economic activity. “The economy remained resilient in the first quarter ...