The US economy continues to outpace most other wealthy countries: Growth is healthy and balanced, productivity growth remains strong, and inflation looks to be under control.
Preview the upcoming third quarter GDP release. Expect impressive growth, driven by strong consumption and non-residential investment.
The GDP grew by 2.8% in the second quarter. Learn about the role of equipment investment and durable consumption in driving this growth
Learn about the expected GDP growth in the second quarter of 2024. Get insights into the factors driving the growth.
A Mixed Report: Strong Growth but Concerns About Inflation.
We are likely to see another healthy quarter of GDP growth in the first quarter, with growth coming in just below 3.0 percent.
GDP Grows 3.3 Percent in Fourth Quarter as Productivity Surge Continues The Commerce Department reported that GDP grew at a 3.3 percent rate in the fourth quarter driven by continued strength in consumption.
The economy grew at an extraordinary 4.9 percent annual rate in the third quarter. The growth rate for the fourth quarter is likely to come in around 2.5 percent, putting growth for the year close to 3.0 percent, far above almost anyone’s forecasts.
Article • Mark Weisbrot’s Columns
The 2024 election could determine how much we can fix problems, or whether we move backward toward increasing inequality of income, wealth, and access to education.
