Economy Jul 30 Breaking down the GDP report as U.S. economy slows in 2nd quarter By Amna Nawaz, Jackson Hudgins, Katie Marlow
Economy Jul 30 Inflation remaining stubbornly high, U.S. economy grows sluggish 1.5% in 2nd quarter Inflation remained above the central bank’s 2% target at a time when Americans are frustrated about the high cost of living ahead of the midterm elections, now less than 100 days away. By Paul Wiseman, Associated Press
Economy Aug 25 Watch 7:44 Is a bubble forming as AI investments drive economic growth? Tech companies are pumping hundreds of billions of dollars on infrastructure to ramp up artificial intelligence. Some projections show the spending may be fueling nearly half of this year’s estimated GDP growth. Economics correspondent Paul Solman looks at how AI… By Paul Solman, Ryan Connelly Holmes
Politics Jul 30 U.S. economy expanding 3% in second quarter, bounding back but growth masks economic uncertainty from Trump's tariffs The Commerce Department reported Wednesday that America gross domestic product — the nation's output of goods and services — rebounded after falling at a 0.5% clip from January through March. The first-quarter drop was mainly caused by a surge in… By Paul Wiseman, Associated Press
Nation Apr 30 Stocks sink after weak GDP report but storm back after inflation update Much like its wild month of April, a scary Wednesday for Wall Street found a gentler ending as U.S. stocks stormed back from steep early losses to continue their manic swings amid uncertainty about what President Donald Trump’s trade war… By Stan Choe, Associated Press
Apr 30 As Trump trade wars disrupt businesses, U.S. economy shrinks 0.3 percent in first quarter By Paul Wiseman, Christopher Rugaber, Associated Press The January-March expansion was the slowest in almost three years and was down from 2.4 percent in the last three months of 2024. Continue reading
Sep 26 U.S. economy grew at a solid amount last quarter, government says in final estimate By Paul Wiseman, Associated Press The Commerce Department reported that the nation's gross domestic product — the nation's total output of goods and services — growth picked up sharply in the second quarter. Continue reading
Jul 25 U.S. economy shows strong 2.8 percent growth, driven by consumers and businesses By Paul Wiseman, Associated Press Thursday’s report from the Commerce Department said the gross domestic product picked up in the April-June quarter after growing at a 1.4 percent pace in the January-March period. Continue reading
Jan 25 U.S. economy surprises with strong 3.3% growth in last quarter By Paul Wiseman, Associated Press The gross domestic product decelerated from its sizzling 4.9% growth rate the previous quarter. Continue reading
Sep 28 Economy grows 2.1 percent estimates government, unchanged from previous projection By Paul Wiseman, Christopher Rugaber, Associated Press The U.S. economy grew at a 2.1% annual pace from April through June, extending its sturdy performance in the face of higher interest rates, the government said Thursday, leaving its previous estimate unchanged. Continue reading