U.S. economy Archives - Page 2 of 2 -

US economy grows 5.2% in third quarter; higher interest rates sapping momentum

The U.S. economy grew faster than initially thought in the third quarter, but momentum appears to have since waned.

Wall Street’s main indexes inched higher on Wednesday as investors parsed earnings reports and comments from Federal Reserve officials.

GDP Slows at 2.1%: U.S. Economy Shows Contraction from Initial 2.4% Estimate. Household and Credit Card Debt Peaks; U.S. Credit Rating Downgraded.

The U.S. economy grew slower than expected in the first quarter of this year.

A rising number of economists are warning that the U.S. economy may face a broader crisis as a result of the collapse of the Silicon Valley Bank.

Recent numbers on U.S. GDP shows America’s economy is growing slower than expected.

Consumer Sentiment rose today to a 13-month high of 66.4%.

A stronger than expected jobs report today. The U.S economy added 517,000 jobs last month.