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

The US economy shrinks in Q1 2025 as tariffs and debt ceiling risks build. Inflation and jobless claims signal deeper trouble ...

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 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 ...

GDP was revised to -0.5% as consumption weakened and inflation edged higher, complicating Fed policy. See why markets are ...

The gap was less than 0.1% of GDP in 2022, revised from −0.6%. "It's worth noting the average statistical discrepancy as a share of GDP over the last 50 years is about 0.9%," said Wasshausen.

First-quarter gross domestic product (GDP) growth was revised lower Thursday in light of reduced consumer spending, surprising economists. GDP contracted by 0.5 percent on an annualized basis, 0.3 ...

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, ...

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.

Revised data shows economy shrank more than previously thought as president’s global trade war loomed and consumer spending ...