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August Economic Data
US August Core PCE Price Index Sees 0.1% Increase
The US Core PCE Price Index for August rose by 0.1%, missing the expected 0.2% and matching last month's rate. Discover the implications on inflation trends and consumer spending.
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...
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...