First quarter GDP (final) shrinks 1.6%
Real GDP decreased at a seasonally adjusted annual rate of 1.6% during the first quarter…
Browsing: GDP
Real GDP decreases 1.5% in first quarter
Real GDP decreased at a seasonally adjusted annual rate of 1.5% during the first quarter…
ABA Data Bank: U.S. economy contracts 1.4% in Q1
The first estimate for GDP in Q1 2022 came in well under expectation, contracting at an annualized rate of 1.4%. This was largely due to worsening net exports and a decline in private inventories and government spending.
Real GDP decreases 1.4% in first quarter
Real GDP decreased at a seasonally adjusted annual rate of 1.4% during the first quarter of 2022, according to the Bureau of Economic Analysis’s “advance” estimate.
Nichols: Inflation concerns shouldn’t overshadow nation’s debt outlook
The nation’s debt-to-GDP ratio should be a greater cause for concern for the nation’s policymakers than the current inflation situation, ABA President and CEO Rob Nichols told attendees at a local chamber of commerce meeting in Rhode Island.
Real GDP increases 6.9% in Fourth Quarter
Real GDP increased at a seasonally adjusted annual rate of 6.9% during the fourth quarter…
Real GDP increases 7.0% in Fourth Quarter
Real GDP increased at a seasonally adjusted annual rate of 6.9% during the fourth quarter…
Gross Domestic Product Increases 6.9% During the Fourth Quarter
Real GDP increased at a seasonally adjusted annual rate of 6.9% during the fourth quarter…
Bank Economists Expect Economic Growth to Slow
The nation’s top economists forecast that economic growth will slow from 5.5% last year to 3.3% in 2022 and 2.3% next year, according to the American Bankers Association’s Economic Advisory Committee.
Real GDP Increases 2.0% for the Third Quarter
Real GDP increased at a seasonally adjusted annual rate of 2.0% during the third quarter…