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The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.
The US economy expanded sharply in the second quarter as businesses dialed back on imports after stocking up earlier in the ...
The economy grew 3%, but mainly because imports collapsed. Alas, investment fell too.
Wednesday brought the first official estimate of how much the U.S. economy grew in April through June. Here’s what to know: ...
The latest GDP report follows a decline of 0.5% in the first quarter, the weakest period of economic growth for the U.S.
Remember when Trump said Biden should get the blame if the economy struggled in the second quarter? As luck would have it, he ...
President Donald Trump is delivering on his promises to rebuild America's economy. But not everyone is happy about it.
The turnaround was driven largely by a reversal in trade flows. Imports dropped sharply after a front-loaded surge in the ...
Hong Kong's economy grew by a faster than expected 3.1% year-on-year in the second quarter, official advance estimates showed ...
Canada's Gross Domestic Product shrank 0.1% in May on a monthly basis as expected but is likely to regain the lost ground in ...