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Commerce Dept

Commerce Dept latest

US economy rose 2.8% in Q2, beating estimates despite inflation
July 25th, 2024 - 11:25 GMT

US economy rose 2.8% in Q2, beating estimates despite inflation

ALBAWABA - Based on initial figures released by the Commerce Department on Thursday, the U.S. economy grew significantly in the second quarter compared to estimates, driven by robust consumer and government spending alongside a sizable increase in inventories. The world's largest economy expanded at an annual pace of 2.8 percent in the April to June period, a remarkable increase from a sluggish start of 1.4 percent in the opening three ...
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US GDP comes in slower
February 23rd, 2023 - 09:13 GMT

US economy slows in Q4 of 2022 on tighter consumer spending

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