Gross domestic product

A view of the White House, Thursday, March 21, 2019, in Washington. (AP Photo/Evan Vucci)
March 21, 2019 - 3:42 pm
WASHINGTON (AP) — President Donald Trump says the economy would have grown much faster last year if the Federal Reserve had not been tightening credit last year. In a broadcast interview, Trump said without the Fed's rate hikes last year and moves to trim its bond holdings, the economy, as measured...
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February 28, 2019 - 10:37 am
WASHINGTON (AP) — The U.S. economy turned in a solid performance in 2018, boosted in part by tax cuts and higher government spending. But growth slowed by year's end, and most economists envision a weaker outlook for the coming months and probably years. The nation's gross domestic product, the...
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FILE- In this Sunday, Feb. 17, 2019, file photo an unsold 2019 Escape sports-utility vehicles sit in a long row at a Ford dealership in Broomfield, Colo. On Thursday, Feb. 21, the Commerce Department releases its December report on durable goods. (AP Photo/David Zalubowski, File)
February 21, 2019 - 8:09 am
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods posted a 1.2 percent advance in December, but much of the strength came from a surge in demand for commercial aircraft, a notoriously volatile sector. In a worrisome development, a key category that tracks business...
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File--- Picture taken Dec.6, 2018 shows two Bundeswehr main battle tanks (from left), type Leopard 2A6 and a Puma infantry fighting vehicle, drive through the terrain during an exercise in Munster, Germany. (Philipp Schulze/dpa via AP)
February 05, 2019 - 7:35 am
BERLIN (AP) — Germany's tightening public finances are raising questions over whether the country will miss its military spending target at a time when the U.S. is increasing pressure on its European allies to increase defense budgets. A Finance Ministry document circulated to other ministries for...
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FILE- In this Oct. 26, 2018, file photo the rising sun silhouettes the U.S. Capitol dome at daybreak in Washington. A new government report says that the U.S. budget deficit is set to hit $897 billion this year and predicts that economic growth will slow as the effects of President Donald Trump’s tax cut on business investment begin to drop off. (AP Photo/Alex Brandon, File)
January 28, 2019 - 8:35 am
WASHINGTON (AP) — The federal government shutdown will cause slight permanent harm to the economy — about $3 billion — according to a report Monday by the Congressional Budget Office. The report says the five-week shutdown has slowed growth in the near term but that most of the lost growth "will...
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FILE- In this Jan. 30, 2018, file photo, a container ship waits to be unloaded at the Port of Oakland in Oakland, Calif. The U.S. economy expanded at a solid 3.4 percent annual rate in the third quarter, slightly slower than the previous estimate as consumer spending and exports were revised lower. The economy is expected to slow further in the current quarter. The Commerce Department said Friday, Dec. 21, 2018, that growth in the gross domestic product, the economy’s total output of goods and services, was revised down from an earlier estimate of 3.5 percent. (AP Photo/Ben Margot, File)
December 21, 2018 - 2:28 pm
WASHINGTON (AP) — The U.S. economy has turned in a stellar performance this year. But mounting problems, from trade tensions to jittery financial markets and political gridlock in Washington, are expected to sharply slow growth in 2019. The Commerce Department estimated Friday that the economy, as...
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European Commissioner for Economic and Financial Affairs Pierre Moscovici, left, and European Commissioner for Euro and Social Dialogue Valdis Dombrovkis participate in a media conference at EU headquarters in Brussels, Wednesday, Dec. 19, 2018. The European Commission says it has reached an agreement with Italy to avert action over the country's budget plans, which the EU's executive arm had warned could break euro currency rules. (AP Photo/Virginia Mayo)
December 19, 2018 - 6:04 am
BRUSSELS (AP) — The European Commission said Wednesday it has reached an agreement with Italy on its budget plans, which the EU's executive arm had warned could break the euro's rules and lead to legal action. European Commission Vice President Valdis Dombrovskis said the "agreement is not ideal"...
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Italian Economy Minister Giovanni Tria attends a press conference in Rome, in Rome, Wednesday, Dec. 5, 2018. (AP Photo/Andrew Medichini)
December 07, 2018 - 12:34 pm
ROME (AP) — Italian lawmakers have given their first approval to the populist government's deficit-busting spending plan for 2019. The lower Chamber of Deputies on Friday night OK'd the proposal, put to a confidence vote to help close bickering ranks in Premier Giuseppe Conte's coalition. But the...
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FILE- In this Nov. 22, 2018, file photo people line up to pay for their purchases as they shop during an early Black Friday sale at a Best Buy store on Thanksgiving Day in Overland Park, Kan. Consumer spending rose a sharp 0.6 percent last month, the Commerce Department reported Thursday, Nov. 29. (AP Photo/Charlie Riedel, File)
November 29, 2018 - 8:58 am
WASHINGTON (AP) — Consumers boosted their spending in October at the fastest pace in seven months, while their incomes rose by the largest amount in nine months — both good signs for future economic growth. Consumer spending rose a sharp 0.6 percent last month, the Commerce Department reported...
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FILE- In this Jan. 30, 2018, file photo a rubber tire gantry moves into position to transfer shipping containers at the Georgia Ports Authority's Port of Savannah in Savannah, Ga. On Wednesday, Nov. 28, the Commerce Department issues the final estimate of how the U.S. economy performed in the July-September quarter. (AP Photo/Stephen B. Morton, File)
November 28, 2018 - 7:50 am
WASHINGTON (AP) — The U.S. economy expanded at a solid 3.5 percent annual rate in the July-September quarter, led by lower but still strong consumer spending and more business investment than previously estimated. The Commerce Department's figure for gross domestic product, released Wednesday, was...
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