Search For "bureau of economic analysis"
US economy expands 2.9 per cent in December quarter
Updated : 1 week, 5 days ago IST
"The increase in private inventory investment was led by manufacturing (mainly petroleum and coal products as well as chemicals) as well as mining, utilities, and construction industries (led by utilities)," the US Department of Commerce said.
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US economy shrinks for second straight quarter, furthers recession fears
Updated : 6 months, 2 weeks ago IST
Washington [US], July 28 (ANI): Real gross domestic product (GDP) in the US decreased at an annual rate of 0.9 per cent in the second quarter of 2022 (April-June), marking the second consecutive quarter of degrowth which qualifies for a technical recession.
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No surprise that US economy is slowing down: Biden
Updated : 6 months, 2 weeks ago IST
Washington [US], July 28 (ANI): US President Joe Biden on Thursday said it is "no surprise" that the world's largest economy is slowing down amid rising inflation in the country.
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US GDP falls for second-straight quarter, signs of a possible recession
Updated : 6 months, 2 weeks ago IST
Washington [US], July 28 (ANI): US Gross Domestic Product contracted by 0.9 per cent in the second quarter of this year after a first-quarter drop of 1.6 per cent, the US Commerce Department said Thursday in a preliminary estimate that technically placed the economy in a possible recession.
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Estimate released BEA shows increase in US GDP in third quarter of 2021
Updated : 1 year, 3 months ago IST
Washington [US], October 28 (ANI): The Real gross domestic product (GDP) of the US increased at an annual rate of 2.0 per cent in the third quarter of 2021, according to the "advance" estimate released by the Bureau of Economic Analysis.
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Save first, spend later
Updated : 1 year, 8 months ago IST
Plainsboro (New Jersey) [USA], June 2 (ANI/PNN): Have you been stashing your cash, lately? Well, you are not alone. The current pandemic has pushed America to save more, resulting in an unusually high personal savings rate.
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