✉news BusinessEconomy first seen 7 h ago, last 41 min ago, peak #13
Preliminary US GDP report shows 3.4% economic growth
Original: Preliminary GDP report shows strong 3.4% growth for US economy
A preliminary estimate puts US economic growth at 3.4%, a figure broadcasters across the country are reporting as a sign of unexpected strength in the American economy. The number, released by the Commerce Department's Bureau of Economic Analysis, exceeded expectations and suggests consumer spending remained resilient. Commentators are weighing what the strong reading means for interest rate decisions and the economic picture heading into the next quarter.
Why now: The stronger-than-expected growth figure has just been released, prompting wide coverage and debate about the health of the US economy.
United StatesBureau of Economic AnalysisUS economy
Rank over time, top of the chart is #1. 4 snapshots from 4 h ago to 41 min ago.
Evidence
- Preliminary GDP report shows strong 3.4% growth for US economy · WSYX
- Preliminary GDP report shows strong 3.4% growth for US economy · WSMH
- Preliminary GDP report shows strong 3.4% growth for US economy · WLOS
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