BEA

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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GDP Contracts Again, Sparking New Recession Angst
GDP Contracts Again, Sparking New Recession Angst
July 28, 2022  |  Economy

The U.S. economy contracted for the second consecutive quarter, with gross domestic product (GDP) decreasing at a 0.9% annualized rate after decreasing 1.6% in the...

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GDP Growth Softens Slightly In 2Q
GDP Growth Softens Slightly In 2Q
August 26, 2016  |  News

Statistics released on Friday (Aug. 26) by the Bureau of Economic Analysis show that the U.S. economy grew a bit less in the second quarter...

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