Gross domestic product

Wholesale Inventories Dropped 0.3% in January, More Than Expected
Wholesale Inventories Dropped 0.3% in January, More Than Expected
March 06, 2024  |  Economy

The U.S. Census Bureau revised its wholesale inventories estimate for January downward Wednesday (March 6). Total inventories dipped 0.3% in January compared with December 2023, rather than...

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As GDP Growth Decelerates, All Eyes Are on Consumer Spending
As GDP Growth Decelerates, All Eyes Are on Consumer Spending
February 28, 2024  |  Economy

The latest readings of gross domestic product (GDP) have been revised down — at least a bit. And though the fourth-quarter GDP still logged some...

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Summer Spending Surge Fuels 4.9% Jump in GDP
Summer Spending Surge Fuels 4.9% Jump in GDP
October 26, 2023  |  Economy

Strong consumer spending this summer helped drive economic growth in the U.S. Figures released Thursday (Oct. 26) by the U.S. Commerce Department showed gross domestic product (GDP) increasing at...

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The Big U.S. GDP Crash Reverses Economic Growth Of Last 11 Years
The Big U.S. GDP Crash Reverses Economic Growth Of Last 11 Years
July 30, 2020  |  Economy

“Worst quarter ever.” It sounds like a bit of hyperbole, but that’s an accurate description of the quarter that started in March and ended in June...

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Atlanta Fed: GDP Could Tumble By 43 Pct In Q2
Atlanta Fed: GDP Could Tumble By 43 Pct In Q2
May 15, 2020  |  Economy

Just when the economy can’t take any more bad news, the Federal Reserve Bank of Atlanta is predicting the national gross domestic product (GDP) is...

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Gov’t Shutdown Costs Creep To $11B
Gov’t Shutdown Costs Creep To $11B
January 29, 2019  |  Economy

A new report says that the government shutdown has cost the country about $11 billion in gross domestic product — and will impact the United...

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Fed Holds Line on Rate Hikes, But Concerns Linger
Fed Holds Line on Rate Hikes, But Concerns Linger
August 02, 2017  |  Economy

Last Wednesday, at its most recent meeting, the Federal Reserve held back on raising interest rates.  The move, or in this case, non-move, had been...

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GDP Growth Rebounds in 2Q, Consumer Spending Up  
GDP Growth Rebounds in 2Q, Consumer Spending Up  
July 28, 2017  |  Economy

Looks like the United States economy may be picking up steam. Numbers from the Commerce Department on Friday showed that gross domestic product gathered momentum...

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