The U.S. economy continues to experience slowing growth. Revised data for U.S. real GDP show an annualized growth rate of 1.7 percent for second quarter, somewhat lower than the 2.0 percent rate set in first quarter 2012. Consumer spending drove most of the gains, but it was lower than in first quarter. Business fixed investment and residential investment also made smaller … [Read more...] about October 2012: Business Indicators
U.S. economy
September 2012: Business Indicators
The U.S. economy continues to experience slowing growth. Second quarter data for U.S. real GDP show an annualized growth rate of 1.5 percent, lower than the annualized rate of 2.0 percent during first quarter 2012. Consumer spending drove most of the gains, but was much lower than in first quarter. Business fixed investment and residential investment also made smaller … [Read more...] about September 2012: Business Indicators
July 2012: Business Indicators
The U.S. economy is showing signs of slowing growth. Revised data show U.S. real GDP grew at an annualized rate of 1.9 percent during first quarter 2012, which represents a substantial slowing from the fourth-quarter rate of 3.0 percent. Business fixed investment, residential investment and inventories also made positive contributions. Government spending and net exports made … [Read more...] about July 2012: Business Indicators
June 2012: Business Indicators
U.S. real GDP grew at an annualized rate of 2.2 percent during first quarter 2012, representing a substantial slowing from the fourth-quarter rate of 3.0 percent. Government spending, business fixed investment and net exports made negative contributions. U.S. nonfarm employment rose by only 115,000 jobs in April, marking the weakest gain since August 2011. Consumer sentiment … [Read more...] about June 2012: Business Indicators
May 2012: Business Indicators
U.S. real GDP grew at an annualized rate of 3.0 percent during fourth quarter 2011, representing a substantial gain over the third-quarter rate of 1.8 percent. Consumption spending and inventory investment were particularly strong. Residential and business fixed investment slowed. Imports and government spending made negative contributions. U.S. nonfarm employment rose by only … [Read more...] about May 2012: Business Indicators
April 2012: Business Indicators
According to the second estimate, U.S. real GDP grew at an annualized rate of 3.0 percent during fourth quarter 2011, which represents a substantial gain over the third-quarter rate of 1.8 percent. U.S. nonfarm employment rose by 227,000 jobs in January, and the unemployment rate held steady at 8.3 percent as labor force participation increased. Consumer confidence and consumer … [Read more...] about April 2012: Business Indicators
March 2012: Business Indicators
U.S. real GDP grew at an annualized rate of 2.8 percent during fourth quarter 2011, which represents a gain over the third-quarter figure of 1.8 percent. Consumption spending and inventory investment were particularly strong. Residential investment showed stronger growth, but business fixed investment slowed. U.S. nonfarm employment rose by 243,000 jobs in January, and the … [Read more...] about March 2012: Business Indicators
February 2012: Business Indicators
According to revised data, U.S. real GDP grew at an annualized rate of 1.8 percent during third quarter 2011, which represents a gain over the second-quarter figure of 1.3 percent. Consumption spending and business fixed investment were particularly strong. U.S. nonfarm employment rose by 200,000 jobs in December, and the unemployment rate fell to 8.5 percent. Both consumer … [Read more...] about February 2012: Business Indicators
January 2012: Business Indicators
According to revised data, U.S. real GDP grew at an annualized rate of 2 percent during third quarter 2011, which represents a gain over the second-quarter figure of 1.3 percent. Consumption spending and business fixed investment were particularly strong. Preliminary indicators—such as retail sales, industrial production and trade—suggest U.S. real GDP will show even stronger … [Read more...] about January 2012: Business Indicators
December 2011: Business Indicators
According to initial data, U.S. real GDP grew at an annualized rate of 2.5 percent during third quarter 2011, which is up considerably from the second quarter estimate of 1.3 percent. Third quarter growth was the strongest seen since third quarter 2010, but U.S. real GDP remains 6.7 percent below potential. U.S. nonfarm employment rose by 80,000 jobs in October. The … [Read more...] about December 2011: Business Indicators
November 2011: Business Indicators
According to revised data, U.S. real GDP grew at an annualized rate of 1.3 percent during second quarter 2011, up somewhat from the first quarter estimate of 0.4 percent. Both figures are well below the 2.3 percent annualized growth rate posted in fourth quarter 2010. U.S. nonfarm employment rose by 103,000 jobs in September, which was only enough to keep the U.S. … [Read more...] about November 2011: Business Indicators
Business Indicators: September 2011
U.S. real GDP grew at an annualized rate of 1.3 percent during second quarter 2011, up from the revised first quarter estimate of 0.4 percent. U.S. non-farm employment increased by an anemic 117,000 jobs (seasonally adjusted) in July, which represents an improvement over the May and June figures of 25,000 and 18,000, respectively. Mostly as a result of declining labor-force … [Read more...] about Business Indicators: September 2011