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Graph depicting US GDP growth rates for 2022 and 2023.
business investment

Revised US GDP Data Indicates Stronger Economic Growth in 2023

The latest U.S. GDP revisions show a growth rate of 2.9% for 2023, driven by strong business investment and consumer spending. Despite Fed interest rate hikes, the economy demonstrated resilience w...

consumer spendingEconomic indicators summary for the US second quarter analysis.

US Second Quarter Economic Indicators Show Steady Growth Yet Minor Slowdown in Spending

The latest US economic indicators show a steady GDP growth of 3% in Q2, matching forecasts. However, a slight dip in personal consumption expenditures points to a minor slowdown in consumer spendin...