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Posts Tagged ‘US economy’
In the final quarter of 2011, the US economy grew by 2.8% as the consumers ramped up their spending and businesses boosted their production.
The first reading of GDP growth of the commerce department in the fourth quarter was slightly below economists’ expectations of a 3% annualised pace. However, it was an acceleration from the third [...]
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The three months from July to September may have been a torrid period for US’s financial markets.
However, the message from big US companies reporting third-quarter earnings has remarkably indicated the resilience of the economy. High-profile companies in the S&P 500, including Apple, Goldman Sachs and Alcoa, will be on course to record the 8th consecutive [...]
According to Ben Bernanke, chairman of Federal Reserve, it is said that the first quarter growth in the US will be weaker than in the UK. Official figures revealed that the UK economy grew by 0.5% in the first quarter of 2011, while the annualised growth of US economy will come in under 2%.
The Fed [...]
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According to the Commerce Department, it is announced that helped along by consumer spending, the US economy has expanded for three quarters in a row.
After dragging their heels for several months, consumers finally become a major contributor to economic growth in the first quarter of 2010. Consumer spending grew at an annual rate of 3.6%, [...]
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- Tags: economic growth, US economy
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