The U.S. economy contracted a bit faster than previously thought in the first quarter amid tepid consumer spending, ...

US economic growth, corporate profits revised higher in 2023. By Lucia Mutikani. September 26, 2024 12:34 PM UTC Updated September 26, 2024 A woman shops for groceries at El Progreso ...

US consumer spending grew in the first quarter at the weakest pace since the onset of the pandemic on a sharp deceleration in outlays for a variety of services.

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 ...

Growth weighed down by surge of imports as US companies and households rushed to buy foreign goods before Trump could impose tariffs on them.

GDP was revised to -0.5% as consumption weakened and inflation edged higher, complicating Fed policy. See why markets are watching inflation, not growth.

Employers across the U.S. added 147,000 jobs in June, with the labor market remaining resilient despite slowing economic ...

US economic growth revised upward Share this: Click to share on Facebook ... “The GDP revisions show the U.S. economy was in good shape in mid-2024,” said Bill Adams, ...

Gross domestic product decreased at a downwardly revised 0.5% annualized rate last quarter, the Commerce Department's Bureau of Economic Analysis (BEA) said in its third estimate of GDP on Thursday.

Consumer spending, which accounts for about 70 percent of US economic activity, rose at a 2.9 percent annual rate last quarter. That was up from 2.3 percent in the government’s initial estimate.