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Gross domestic product, the official scorecard of the economy, grew at a 3.4 percent annualized rate in the final three months of 2023. The previous estimate had the economy growing at a 3.2 percent pace.
The post Stronger Consumer Spending Boosts Fourth Quarter GDP Estimate appeared first on Breitbart.
The economy continues to defy expectations for a slowdown, casting doubt on the idea that the Fed will cut rates in the first half of this year.
The post Atlanta Fed’s GDP Tracker Jumps to 2.8% for First Quarter appeared first on Breitbart.
Argentine President Javier Milei announced that Argentina registered a 0.2 percent surplus of its GDP for the first time since 2008.
The post Javier Milei Announces First GDP Surplus for Argentina Since 2008 appeared first on Breitbart.
The pace of economic growth in the first three months of the year was far more sluggish than anyone expected—and inflation was much higher.
The post Breitbart Business Digest: Inflation Is Too Hot for the Fed to Cut Despite Sluggish Growth appeared first on Breitbart.
On Thursday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” White House Council of Economic Advisers Chair Jared Bernstein stated that the White House is okay with the latest GDP report, “especially once you get under the hood,
The post White House: We’re OK with Slower GDP Report, ‘Underlying Economy Is Solid as Ever’ appeared first on Breitbart.
On Thursday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” White House Council of Economic Advisers Chair Jared Bernstein stated that even with the latest GDP report, we “really haven’t seen much in terms of slow growth yet.”
The post White House: ‘You Don’t Eat GDP,’ Paychecks Matter ‘Most’ appeared first on Breitbart.
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