The economy grew faster in the first three months of the year than economists were expecting.
According to new data from the Bureau of Economic Analysis Real
gross domestic product (GDP) increased at an annual rate of 3.2 percent in
the first quarter of 2019.
That’s much…
Here’s some good news about the U.S. economy: America’s trade deficit with China decreased by a big 28% in February, according to new data from the Commerce Department.
Economists had expected the US/China deficit to widen in
February. The surprise good news prompted many of them…
The economy has grown mightily in recent quarters, overall. But not all states share equally in the bounty. Some new data from the government illustrates this point.
Real gross domestic product (GDP) increased in 49 states and
the District of Columbia in the third quarter of 2018, according to statistics…
Amazon recently abandoned plans to build a second site for its “HQ2” expansion in New York City. According to news reports, unexpectedly strong local opposition to the plan ultimately scuppered the deal.
Local activists in New York were incensed about several
aspects of the potential move: a $3 billion tax…
The U.S. economy has been growing strongly in recent quarters. According to government statistics there was a 3.4 percent increase in real gross domestic product (GDP) during last year’s third quarter. This is down from the second quarter, but still significantly higher than the average growth seen…