Gross domestic product

Britain's Chancellor Philip Hammond walks past 10 Downing Street in London, Thursday, Nov. 22, 2018. (AP Photo/Kirsty Wigglesworth)
November 28, 2018 - 7:50 am
LONDON (AP) — Britain will be poorer after leaving the European Union than if it had stayed in, no matter what sort of trade deal it has with the bloc, the government said Wednesday — unwelcome news for Prime Minister Theresa May as she tries to sell her Brexit divorce deal to a skeptical nation. A...
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Italian Finance Minister Giovanni Tria, center, arrives for a round table meeting of eurogroup finance ministers at the European Council building in Luxembourg, Monday, Oct. 1, 2018. (AP Photo/Geert Vanden Wijngaert)
October 03, 2018 - 4:05 am
MILAN (AP) — Italy's economy minister is backing down on spending plans that would keep the country's deficit at an elevated level for three years. Giovanni Tria said Wednesday in Rome that the deficit to GDP ratio would be gradually reduced after 2019. The remark confirms a report by Corriere...
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Italian Finance Minister Giovanni Tria, left, attends a round table meeting of eurogroup finance ministers at the European Council building in Luxembourg, Monday, Oct. 1, 2018. (AP Photo/Geert Vanden Wijngaert)
October 02, 2018 - 6:03 am
MILAN (AP) — Italy's leaders refused to budge from new spending plans that have been spooking investors, pushing the eurozone's third-largest economy on a collision course with its EU partners. Deputy Prime Minister Luigi Di Maio said Tuesday that the government "will not back up one millimeter"...
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FILE- In this June, 19, 2018, file photo, an Ever Green Line refrigerated container is delivered to a ship to shore crane working the container ship Ever Linking at the Port of Savannah in Savannah, Ga. On Thursday, Sept. 27, the Commerce Department issues the final estimate of how the U.S. economy performed in the April-June quarter. (AP Photo/Stephen B. Morton, File)
September 27, 2018 - 5:58 am
WASHINGTON (AP) — The U.S. economy grew at a robust annual rate of 4.2 percent in the second quarter, the best performance in nearly four years, though economists believe growth has slowed in the current quarter partly because of a drag from trade. The performance of the gross domestic product, the...
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In this June 19, 2018 photo, several ship to shore cranes stack shipping containers on-board the container ship Maersk Semarang while three Ever Green Line refrigerated containers wait to be loaded onto another ship at the Port of Savannah in Savannah, Ga. On Wednesday, Aug. 29, the Commerce Department issues the second of three estimates of how the U.S. economy performed in the April-June quarter. (AP Photo/Stephen B. Morton)
August 29, 2018 - 8:15 am
WASHINGTON (AP) — 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...
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President Donald Trump speaks as he meets with business leaders, Tuesday, Aug. 7, 2018, at Trump National Golf Club in Bedminster, N.J. (AP Photo/Carolyn Kaster)
August 07, 2018 - 5:20 pm
BEDMINSTER, N.J. (AP) — President Donald Trump says he thinks gross domestic product growth in the next quarter "could be in the 5s" — that is, higher than 5 percent — as he hosts business leaders at his Bedminster, New Jersey, golf resort. Trump made the bold prediction Tuesday evening at a dinner...
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President Donald Trump delivers remarks on the economy from the South Lawn of the White House, Friday, July 27, 2018, in Washington. (AP Photo/Jacquelyn Martin)
July 27, 2018 - 10:32 am
WASHINGTON (AP) — The U.S. economy accelerated last quarter at an annual rate of 4.1 percent, the government estimated Friday, as consumers spent tax-cut money, businesses stepped up investment and exporters rushed to ship their goods ahead of retaliatory tariffs. President Donald Trump said he was...
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July 27, 2018 - 5:35 am
WASHINGTON (AP) — The economy grew at a slightly slower pace last year than previously believed, but Americans' saving rate was a lot higher, thanks to a flood of previously unreported income. Those are some of the findings in the government's latest comprehensive revision of its report on the...
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July 27, 2018 - 5:33 am
WASHINGTON (AP) — The economy grew at a slightly slower pace last year than previously believed, but Americans' saving rate was a lot higher, thanks to a flood of previously unreported income. Those are some of the findings in the government's latest comprehensive revision of its report on the...
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