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US economy grew at 3% rate in second quarter
The US economy rebounded to an annualised rate of 3 per cent in the second quarter amid huge swings in imports, but there were some signs of slowing underlying growth. Second-quarter GDP was driven higher by a drop in imports as Donald Trump’s levies came into effect and a rush by companies to purchase foreign goods in the first three months of the year sharply reversed.
The US economy expanded sharply in the second quarter as businesses dialed back on imports after stocking up earlier in the ...
Did the U.S. economy really roar back to life in the spring after shrinking in the first quarter? Not at all. Here’s the ...
Gross domestic product rebounded in the spring after contracting at the start of the year, but consumer spending remained ...
The U.S. economy expanded at a 3% annual pace in the second quarter, bouncing back strongly from a contraction in the first ...
The Bureau of Labor Statistics said the world’s biggest economy grew at an annualized rate of 3% over the three months ending ...
More jobs, more spending and continued uncertainty about tariffs. Here's how that could impact the Fed's interest rate ...
Gross domestic product was expected to grow at a 2.3% annualized pace in the second quarter, according to the consensus ...
GDP growth in the eurozone narrowly avoided turning negative in the second quarter despite the drag on the economy from ...
One minute we’re headed for a recession. The next, markets are breaking records. Business leaders cannot afford the whiplash ...
6hon MSN
Europe’s economy barely grew in the April-June quarter as frantic earlier efforts to ship goods ahead of new U.S. tariffs ...
A sharp drop off in imports, along with stronger-than-expected consumer spending, propelled the annual rate of growth to 3 ...
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