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News Jan. 29, 2021, 12:48 AM

US GDP grew a weaker-than-expected 4% in the 4th quarter as COVID-19 cases soared

US gross domestic product grew at an annualized rate of 4% in the fourth quarter, the Commerce Department said Thursday. Economists surveyed by Bloomberg expected growth to come in at 4.2%. The gains come after economic reopening drove a record-high growth rate of 33.1% in the third quarter. While the […]
US GDP grew a weaker-than-expected 4% in the 4th quarter as COVID-19 cases soared
News Oct. 29, 2020, 11:34 PM

US GDP surged a record 33% in the 3rd quarter as the economy reopened, roughly double the next-biggest jump

US gross domestic product grew at a record 33.1% annualized rate in the second quarter, the Commerce Department said on Thursday. The jump followed the second quarter’s 31.4% annualized slump and roughly doubled the next-biggest increase on record. Economists surveyed by Bloomberg had expected a 32% increase. The GDP reading […]
US GDP surged a record 33% in the 3rd quarter as the economy reopened, roughly double the next-biggest jump
Markets Nov. 16, 2019, 2:42 AM

GM’s 40-day strike drives the biggest drop in US factory output since April

US factory output plunged the most since April as the 40-day General Motors strike pulled the metric lower. Manufacturing output dropped 0.6% in October, according to a Friday release from the Federal Reserve. Factory output of motor vehicles and related parts dropped 7.1% last month. Excluding the motor vehicles sector, […]
GM’s 40-day strike drives the biggest drop in US factory output since April
News Jan. 29, 2021, 12:48 AM

US GDP grew a weaker-than-expected 4% in the 4th quarter as COVID-19 cases soared

US gross domestic product grew at an annualized rate of 4% in the fourth quarter, the Commerce Department said Thursday. Economists surveyed by Bloomberg expected growth to come in at 4.2%. The gains come after economic reopening drove a record-high growth rate of 33.1% in the third quarter. While the […]
US GDP grew a weaker-than-expected 4% in the 4th quarter as COVID-19 cases soared
News Oct. 29, 2020, 11:34 PM

US GDP surged a record 33% in the 3rd quarter as the economy reopened, roughly double the next-biggest jump

US gross domestic product grew at a record 33.1% annualized rate in the second quarter, the Commerce Department said on Thursday. The jump followed the second quarter’s 31.4% annualized slump and roughly doubled the next-biggest increase on record. Economists surveyed by Bloomberg had expected a 32% increase. The GDP reading […]
US GDP surged a record 33% in the 3rd quarter as the economy reopened, roughly double the next-biggest jump
Markets Nov. 16, 2019, 2:42 AM

GM’s 40-day strike drives the biggest drop in US factory output since April

US factory output plunged the most since April as the 40-day General Motors strike pulled the metric lower. Manufacturing output dropped 0.6% in October, according to a Friday release from the Federal Reserve. Factory output of motor vehicles and related parts dropped 7.1% last month. Excluding the motor vehicles sector, […]
GM’s 40-day strike drives the biggest drop in US factory output since April

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