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 ...

(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 ...

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 ...

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 ...

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

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.

Inventories, a key part of gross domestic product, climbed 0.3% in March. They advanced 2.3% on a year-over-year basis in ...

WASHINGTON: The US economy expanded faster than initially ... the current Democratic administration as they head to the polls. GDP growth was 2.9 percent for 2023, up from a previously estimated ...

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 ...