Economy Jan 30 U.S. economy ends 2024 with solid growth, up 2.8 percent for full year By Paul Wiseman, Associated Press
Nation Oct 30 U.S. economy grew at a solid 2.8 percent pace last quarter with consumers driving growth The gross domestic product — the economy’s total output of goods and services — did slow slightly from its 3% growth rate in the April-June quarter. By Paul Wiseman, Associated Press
Economy Aug 30 U.S. economic growth for last quarter revised down slighty to a 2.1 percent annual rate The Commerce Department's second estimate of growth last quarter marked a slight acceleration from a 2 percent annual growth rate from January through March. By Paul Wiseman, Associated Press
Economy Jan 26 U.S. economy expanded 2.9% last quarter in face of interest rates and recession fears The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of high interest rates and widespread fears of a looming recession. By Paul Wiseman, Associated Press
Economy Sep 16 Federal Reserve sees interest rates near zero, at least through 2023 The Fed’s moves are occurring against the backdrop of an improving yet still weak economy, with hiring slowing and the unemployment rate at 8.4%. By Christopher Rugaber, Associated Press
Sep 16 Report finds global economic outlook not as bad as expected By Associated Press The global economy is expected to rebound and grow by 5 percent next year, the Organization for Economic Cooperation and Development said in a report. Continue reading
Aug 19 Majority of economists expect a recession by 2021, survey finds By Associated Press Thirty-four percent of economists surveyed by the National Association for Business Economics said they believe a slowing economy will tip into recession in 2021, while 38% predict a recession will occur in 2020. Continue reading
Jul 30 What is GDP and is it the best way to measure the economy? By Gretchen Frazee Since the Great Recession, economists have increasingly questioned whether GDP is the best way to measure an economy’s health, and whether it disregards key factors that affect people’s well-being. Continue reading
Jul 26 U.S. economy’s growth slows to 2.1 percent in 2nd quarter By Martin Crutsinger, Associated Press The nation's gross domestic product grew at a 2.1% annual rate last quarter, down from a 3.1% gain in the first quarter, the Commerce Department estimates. Continue reading
Jun 07 U.S. consumer borrowing rose $17.5 billion in April By Martin Crutsinger, Associated Press Consumer credit is a key indicator of the willingness of households to increase borrowing to support consumer spending, which accounts for 70 percent of economic activity. Continue reading