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Strong second quarter GDP growth numbers are "misleading," say experts
The size of the U.S. economy grew in the second quarter of this year by a lot — 3%, annualized . That’s after it contracted in the first quarter by 0.5%. But as is so often the case in economics and elsewhere, looks can be deceiving.
The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.
Did the U.S. economy really roar back to life in the spring after shrinking in the first quarter? Not at all. Here’s the ...
The US economy expanded sharply in the second quarter as businesses dialed back on imports after stocking up earlier in the ...
Today’s FT News Briefing was produced by Henry Larson, Sonja Hutson, and Marc Filippino. Additional help from Blake Maples, ...
Hong Kong's economy grew by a faster than expected 3.1% year-on-year in the second quarter, official advance estimates showed ...
Remember when Trump said Biden should get the blame if the economy struggled in the second quarter? As luck would have it, he ...
Senate Minority Leader Chuck Schumer (D-NY) took to the Senate floor Wednesday, calling the GDP number a "mirage" and raising ...
Canada's Gross Domestic Product shrank 0.1% in May on a monthly basis as expected but is likely to regain the lost ground in ...
Fewer jobs, growing GDP and continued uncertainty about tariffs. Here's how a busy week of economic news might lead to lower ...
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