At its core, GDP is a simple accounting identity. The Bureau of Economic Analysis defines it as the sum of consumption (C), investment (I), government spending (G), and net exports (NX). The formula ...
U.S. Q3 real GDP growth surprised at 4.3%, outpacing nearly all forecasts and driven by robust consumer spending. Consumption strength is concentrated among the top 10% of earners, while average ...
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Why a top economist thinks the strong GDP report isn't the win for the economy that it seems
The third-quarter GDP report was a blowout, but don't expect that to change Mark Zandi's mind about how the economy is faring. After a long delay due to the government shutdown, the Bureau of Economic ...
U.S. Q2 GDP growth, at an annual rate, was revised up to +3.8% Q/Q in its third estimate from the prior estimate of +3.3%, mainly from an increase in consumer spending, the Commerce Department's ...
Fact 1: America’s economy and stock market keep growing, buoyed by robust consumer spending and AI mega-growth. Fact 2: Hiring is at a standstill, inflation is rising, loan defaults are abundant and ...
The US finally has a reading for third-quarter GDP, and it's stronger than expected. Increases in consumer and federal spending helped boost growth, with GDP rising 4.3% in the quarter. Yet, economist ...
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