GDP: U.S. fourth-quarter economic growth rate revised down to 2.2% from 2.6%
The numbers: The economy grew somewhat slower in the final three months of 2018 than it originally appeared, largely because of softer consumer spending and a weaker climate for business investment that’s likely to depress growth in the first quarter as well.
Even after the downward revision, however, GDP for all of 2018 was left at 2.9%. That matched 2015 for the best performance since the Great Recession a decade ago. The rate of inflation, measured by the PCE index, was unaltered at 1.5%. Most other figures in the revised GDP were little changed.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Analysis | Trump’s misleading spin on the 2018 GDP growth rateThe president says the media is manipulating the data, but the president himself is engaging in some cherry-picking to claim a 14-year high.
और पढो »
GDP Q4 final reading up 2.2%, as expected, but leaves full year short of Trump's goalThe final reading for fourth-quarter gross domestic product was expected to show a 2.2 percent gain, according to economists surveyed by Dow Jones.
और पढो »
Trump says GDP would have topped 4% if Fed had halted rate hikes soonerU.S. economic growth would be much stronger had the Federal Reserve stopped raising rates sooner, President Donald Trump said in an interview that aired Friday.
और पढो »
Boeing's 737 Max could single-handedly hit US GDP if production is halted, JP Morgan saysA production halt of Boeing's 737 Max jets could be felt well beyond the aerospace giant's quarterly profits, according to J.P. Morgan.
और पढो »
Canadian teenager Andreescu retires in Miami fourth roundBianca Andreescu's dominant recent impressive run ended at the Miami Open a...
और पढो »
Tennis: Canadian teenager Andreescu retires in Miami fourth roundBianca Andreescu's dominant recent impressive run ended at the Miami Open a...
और पढो »
Powerball is up to $750 million — the fourth-largest jackpot in U.S. lottery historyThe Powerball jackpot is now at $750 million. That's the fourth-largest jackpot in U.S. lottery history.
और पढो »
Analysis | Yes, the Broncos’ fourth-and-15 proposal actually has a chance to passThe proposed rule change would give a team the option to try to convert a fourth-and-15 play rather than attempting to recover an onside kick late in a game.
और पढो »