Believe it or not, the economy grew last year at the fastest pace since 1984
The U.S. economy grew last year at the fastest pace since 1984, but growth was tempered by successive waves of the pandemic.
gross domestic product
Shopping And Shots Power An Economy Heading To Its Fastest Growth Since 1984
The U.S. economy grew at a rapid pace in the first three months of the year as more people got vaccinated and the federal government pumped hundreds of billions of dollars into people's pockets.
U.S. Economy Surges To A 4.1 Percent Growth Pace In 2nd Quarter
A key measure of the economy's health showed a dramatic pickup, which President Trump called "amazing." But some analysts doubt the higher growth rate will last.
How Fast Did The Economy Grow? Forecasts Are All Over The Place
President Trump is eager to tout a fast-growing economy, boosted by the tax cuts he pushed through Congress. That makes Friday's report on gross domestic product a highly anticipated news event.
U.S. Economic Growth Slowed To 2.3 Percent
Consumers didn't keep up with the blistering pace of spending, which meant slower economic growth. But recently, growth has tended to pick up momentum later in the year.
U.S. Growth Slows To 2.6 Percent Pace In The Fourth Quarter
The U.S. economy expanded at a decent pace in the final months of 2017. But most economists had been expecting stronger growth. This dashed hopes for three straight quarters of growth above 3 percent.
China Reports Its Fastest Economic Growth In 7 Years
China's economy, the second-largest in the world, grew by 6.9 percent in 2017. It's the first time since 2010 that the speed of China's economic growth went up rather than edging down.
U.S. Economy Grew By Just 1.2 Percent During 2nd Quarter
While consumers continue to spend, business investment was down, suggesting that companies are growing nervous about the future.
U.S. Economic Growth Slowed Considerably In 3rd Quarter
Growth came in at a 1.5 percent annual rate, a sharp slowdown from the 3.9 percent gain in the previous quarter. Companies cut back on the amount of goods on shelves, but consumers continued to spend.
U.S. Economy Grew At A 5 Percent Rate; Dow Surpasses 18,000
Posting the strongest results in more than a decade, the U.S. economy blew past the consensus estimate of 4.3 percent growth put forth by economists surveyed by Bloomberg News.