• Donald Trump Jun 28, 2019

    US Economy Grew at Solid 3.1% Rate in First Quarter

    The U.S. economy grew at a healthy 3.1% rate in the first three months of this year, but signs are mounting that growth has slowed sharply in the current quarter amid slower global growth and a confidence-shaking trade battle between the United States and China. The gain in the gross domestic product, the broadest measure of economic health, was unchanged...

  • China Oct 12, 2018

    China Trade Surplus With US Widens to Record $34.1B

    China’s trade surplus with the United States widened to a record $34.1 billion in September as exports to the American market rose by 13 percent over a year earlier despite a worsening tariff war. Exports to the United States rose to $46.7 billion, down from August’s 13.4 percent growth, customs data showed Friday. Imports of American goods increased 9 percent...

  • Congress Aug 29, 2018

    US Economy Hit Brisk 4.2 Percent Growth in Q2, Best Rate in Nearly 4 Years

    The U.S. economy grew at a strong 4.2 percent annual rate in the April-June quarter, the best showing in nearly four years, as growth stayed on track to produce its strongest full-year gain in more than a decade. Strength in business investment offset slightly slower consumer spending. The Commerce Department on Wednesday revised up its growth estimate for last quarter...

  • China Aug 8, 2018

    China's July Exports Accelerate Despite US Tariff Hike

    China’s export growth accelerated in July, showing little impact from a U.S. tariff hike in a spiraling dispute over technology. Sales to the United States rose 13.3 percent over a year earlier. Global exports rose 12.2 percent to $215.5 billion, up from June’s 11.3 percent growth, customs data showed Wednesday. Imports surged 27.3 percent to $187.5 billion, up from the...

  • Donald Trump Jul 12, 2018

    US Inflation Reaches 2.9 Percent in June, Highest in 6 Years

    Consumer prices rose in June from a year earlier at the fastest pace in more than six years, lifted by more expensive gas, car insurance, and higher rent. The Labor Department said Thursday that the consumer price index ticked up just 0.1 percent in June. But inflation jumped 2.9 percent from a year earlier, the largest annual gain since February...

  • Donald Trump May 30, 2018

    US Economic Growth Revised Down to 2.2 Percent Rate in Q1

    The U.S. economy grew at a weaker 2.2 percent annual rate in the first three months of the year, as consumers and businesses slowed their spending. But given the economy’s recent performance, analysts are still looking for a solid rebound in the current quarter. Growth in the gross domestic product, the economy’s total output of goods and services, came in...

  • Donald Trump Mar 19, 2018

    US Economy Grew at Solid 2.6 Percent Rate in Fourth Quarter

    The U.S. economy grew at a solid rate of 2.6 percent in the final three months of last year, helped by the fastest consumer spending since the spring of 2016 and a big rebound in home construction. The fourth quarter advance in the gross domestic product, the country’s total output of goods and services, followed gains of just above 3...

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