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Neither business leaders nor consumers needed to hear Wednesday’s dismal news that the U.S. economy shrank 0.3 percent during the first quarter of 2025 to voice their concerns about the way things are ...
If gross domestic product is the measure of how well the economy is doing, then the economy is doing pretty well. The report out Wednesday shows GDP was up 2.8% in the third quarter, marking about two ...
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Axios on MSNWall Street has a consumer spending problem
Investors may soon face a slowdown in consumer demand that could hurt corporate earnings, as the labor market weakens, wage ...
Economic growth came in pretty strong for the fourth quarter of 2024. As we learned on Thursday, GDP rose at an annual rate of 2.3%. And consumer spending is a key contributor. It rose 4.2% for the ...
Fast Company got an exclusive look at data from the upcoming 2025 FutureBrand Index that suggests consumers may be more ...
Consumers splurged on goods in particular, but also on services, and they accounted for 69% of GDP and moved the GDP needle. The trade deficit worsened further, driven by rampant consumer spending and ...
The U.S. economy expanded at a solid pace in the third quarter, largely powered by a broad-based advance in consumer spending and steady business investment. Gross domestic product increased at a 2.8% ...
The update to gross domestic product was a reversal of the 0.5% decline seen in the first quarter and an increase from the ...
The shocking strength of the economy helps explain the Federal Reserve’s Scrooge-like plans for interest-rate cuts next year. And the latest update on GDP over the summer offers another reminder. The ...
Real gross domestic product is often a more accurate reflection of the output of an economy than nominal GDP. By eliminating ...
Japan's economy expanded much faster than initially estimated in the second quarter, driven by upward revisions in private ...
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