The Fed now expects GDP to grow at a 2.2% pace for 2019, versus the 2.1% forecast in June. The unemployment rate is expected to rise to 3.7% this year, slightly above the 3.6% projection in June. The ...
While America’s economy has grown for over a decade, that growth is increasingly concentrated in 1% of the nation’s counties. Just 31 counties, or the top 1% by share, made up 32.3% of U.S. gross ...
GDP rose 2.1% in the second quarter, down from 3.1% in Q1. The growth was better than Wall Street estimates for a 2% gain. Consumer expenditures rose 4.3% while business investment slumped 5.5%.
Real U.S. GDP grew at an annualized rate of 2.1% in the second quarter of 2019; stronger than the 1.8% rate expected in some consensus forecasts. The year-over-year growth rate estimated in the U.S.
We were supposed to find out Wednesday just how quickly the economy has been growing, but that’s been delayed because of the partial government shutdown, which ended Jan. 25. The Bureau of Economic ...
SIPRI has released new data showing that global military expenditure reached $1.9 trillion in 2019, the highest (inflation-adjusted) level recorded since 1988. Last year's total was 3.6% higher in ...
President Donald Trump has long promised to bring the US back to a 3% annual gross-domestic-product growth rate. GDP growth for 2018 was 2.9%, according to Thursday's release from the Bureau of ...
New federal data shows the region’s economic hit early in the pandemic may not have been as severe as originally feared. Education, Immigration and Culture Editor The Tampa Bay Times e-Newspaper is a ...