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Soft GDP hides surging spending
The Forex Market· 17 hours agoReal GDP grew at only a 1.6% annualized pace in Q1, held back by trade and inventories. Consumer spending in the service sector is not slowing, in fact,...
U.S. growth slowdown, with inflation spike, raises early stagflation risks
TheStreet via Yahoo Finance· 17 hours agoSlowing growth and faster inflation raise the specter of stagflation in an economy that, given its...
Visa (V) Q2 Earnings Beat on Volume Growth & Consumer Spending
Zacks via Yahoo Finance· 2 days agoDespite challenges, such as a high interest rate environment, more than average inflation level and...
US economic growth slows significantly in first quarter
Digital Journal· 18 hours agoThe US economy cooled markedly in the first three months this year, expanding less than anticipated...
Baby boomers are approaching 'peak burden' on the economy
Business Insider via Yahoo Finance· 6 hours ago"If a downturn does materialize, demographically induced selling is a force that could exacerbate...
US economy grew by just 1.6% in the first quarter, a much slower pace than expected
CNN Business via Yahoo Finance· 18 hours agoThe US economy cooled more than expected in the first quarter of the year, but remained healthy by...
GDP report Thursday expected to show economy still growing at a solid pace
CNBC· 2 days agoIf that estimate is accurate, it would mark a step down from the 3.4% growth rate in the fourth...
US GDP slows to annual rate of 1.6% in Q1
China Daily· 7 hours agoThe US gross domestic product (GDP) growth rate slowed down to an annual rate of 1.6 percent in the first quarter of this year, the US Department of Commerce reported on Thursday. The latest ...
Visa's Q2 Earnings Surpass Expectations, Fueled by Consumer Spending - EconoTimes
EconoTimes· 2 days agoVisas second-quarter results outpaced Wall Street forecasts on Tuesday, as robust consumer spending...
Shoppers are playing a large part in the continued growth of the U.S. economy
WLRN Miami· 1 day agoThe Commerce Department reports Thursday on economic growth for January, February and March. Robust consumer spending is helping to keep the economy chugging along.
