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US economic growth News

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US economy
29 Nov 2017
US third quarter growth fastest in three years at 3.3%
The six months from April to October saw the fastest economic expansion since the same period in 2014, when GDP grew by an average of 4.9 percent.
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US economic growth
28 Sep 2017
US economic growth revised up to 3.1 percent rate in Q2
It is the strongest performance since the economy grew at a 3.2 per cent pace in the first quarter of 2015. The upward revision reflected larger farm stockpiles.
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Donald Trump
28 Oct 2016
India growing at 8 pc, why US is not: Donald Trump asks supporters
Trump's remarks at an election rally in Manchester, New Hampshire, came hours after latest figures showed the American economy grew 2.9 per cent in the third quarter this year.
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U.S. retail sales
15 Jul 2016
US retail sales, industrial output data buoy economic outlook
US retail sales rose more than expected in June as Americans bought motor vehicles and a variety of other goods, reinforcing views that economic growth picked up in the second quarter.
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US economy
22 Dec 2015
US third quarter growth estimate cut to 2%
The US economy grew at an annual rate of 2 percent in the third quarter, according to Commerce Department data Tuesday, slightly below a previous estimate of 2.1 percent.
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Fed
13 Dec 2015
US Fed expected to end 7-year crisis stance with an interest rate hike amid nagging worries
Most bets are that the Fed will increase the benchmark federal funds rate for the first time in nearly a decade, signaling confidence in US economic growth even as the rest of the world sags.  
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US economic growth
25 Sep 2015
US economic growth hit 3.9% in second quarter
The US economy sped along at a peppy 3.9 percent annual pace in the second quarter, faster than originally thought, the Commerce Department said Friday.
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US Fed
25 Jul 2015
Fed inadvertently publishes staff forecast for 2015 rate hike
The rate forecast was included with a series of bearish projections on U.S. economic growth and inflation that were presented to policymakers at their June 16-17 meeting.
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US Fed
18 Jun 2015
Fed may hike just once in 2015 as Yellen strikes less certain tone
The question of how quickly the Federal Reserve should raise rates is dividing normally like-minded policymakers at the U.S. central bank, pitting those who favor two hikes this year against a growing number of those who want to stop at just one.
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Gold
18 Jun 2015
Gold price extends gains on dovish Fed, softer dollar
Gold extended gains on Thursday as the dollar came under pressure after the Federal Reserve hinted it may hike U.S. rates later than market expectations and cut economic growth forecasts.
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US Fed
23 May 2015
US Fed on track to hike rates as economic headwinds wane: Janet Yellen
The confident tone suggested the Fed wants to set the stage as early as possible for its first rate rise in nearly a decade, with Yellen stressing that monetary policy must get out ahead of an economy whose future looks bright.
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US economy
30 Apr 2015
Oil prices mixed in Asian trade
Signs of cutbacks in US oil output, a key factor in the global supply glut that has driven prices to plunge by as much as 60 per cent since June last year, were also supporting prices.
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Federal Reserve
29 Apr 2015
Federal Reserve leaves open timeframe for rate rise
The Federal Reserve left open its timeframe for a rise in interest rates Wednesday, following a winter slowdown that stalled US economic growth.
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H-1B tech visas
14 Apr 2015
US has record number of applications for H-1B tech visas
Applications for H-1B visas allowing U.S. businesses to hire foreign workers in science, engineering and computer programming totalled a record 233,000 for fiscal 2016, according to government figures released on Monday.
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US economic growth
27 Mar 2015
US economic growth slows in Q4; corporate profits fall
Gross domestic product expanded at a 2.2 percent annual rate last quarter, the Commerce Department said on Friday in its third estimate of GDP. That was unrevised from the forecast last month. 
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Gold
20 Mar 2015
Gold price hovers near 2-week high, set for weekly gain
Gold held recent gains to trade near a two-week high on Friday and was headed for its biggest weekly jump since January, after the Federal Reserve cautioned over its rate hike path and U.S. economic growth.
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Federal Reserve
19 Mar 2015
Fed opens door wider for rate hike but downgrades economic outlook
The Federal Reserve on Wednesday moved a step closer to hiking rates for the first time since 2006, but downgraded its economic growth and inflation projections, signalling it is in no rush to push borrowing costs to more normal levels.
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Tokyo stocks
02 Mar 2015
Tokyo stocks open 0.38% higher
Tokyo stocks opened 0.38 percent higher on Monday after the yen dropped against the dollar in a boost for Japanese exporters.
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US Growth
30 Jan 2015
US economic growth in 2014 fastest since 2010
US gross domestic product grew at an annual 2.4 percent pace last year.
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Dow Jones
23 Dec 2014
Dow tops 18,000 for 1st time on strong US growth
The Dow stock index topped 18,000 for the first time Tuesday, rising in the opening moments of trade following a strong report on US economic growth.






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