GDP numbers show economy recovering from devastating ...
Two sets of data released Thursday by the government paint different pictures of an economy entrenched in the pain of the coronavirus crisis.Continue reading on WTVD-TV
More articles about GDP
CNN, MSNBC prime-time shows skip historic 33.1% GDP growth ...
CNN and MSNBC may still call themselves 24-hour news networks, but their most-watched shows in prime time continue to avoid some of the biggest headlines.Continue reading
GDP jumped 33%, but how about that output gap?
The growth is good, but it'll be a while before the U.S. economy is back to where it was before COVID-19 happened.Continue reading
New GDP Numbers Won't Be Enough To Repair All Economic ...
The Commerce Department reported record-setting economic growth during the most recent quarter. But the economy is far from healthy, after a ...Continue reading
Big Tech Profits Climb as Ad Sales Pick Up
Alphabet, the parent company of Google, said on Thursday that profits in its most recent quarter rose 59 percent from a year ago, as marketers plowed money ...Continue reading
Record 33% GDP surge still leaves the U.S. economy in a world of hurt
The U.S. economy is still in a deep ditch even after a record-shattering 33% burst of growth during the summer. Nearly $700 billion in economic activity is...Continue reading
U.S. Economy Recovered Significant Ground in Record Third ...
Gross domestic product rose 7.4% in the third quarter from the prior quarter. The increase offset a good chunk of the record drop in output earlier in the year.Continue reading
Big Tech Profits Climb as Ad Sales Pick Up: Live Updates
Twitter's business is showing signs of recovery as advertisers, who abandoned the platform early in the pandemic, begin to return. Revenue in the third quarter ...Continue reading
US Economy Live Updates: GDP, Stock Market and More
The big rebound in gross domestic product in the third quarter means economic output is about two-thirds of the way back to where it was before the pandemic ...Continue reading
The Great American Recovery: Third Quarter GDP Blows Past ...
After releasing his plan to reopen America safely in April, President Trump remarked that prior to the Coronavirus pandemic, the United States had “built t.Continue reading
America just posted a record GDP growth rate. Now brace for the ...
The pandemic crashed the American economy into a $2 trillion hole. A sizzling summer rebound got the economy about two-thirds of the way back. Now comes ...Continue reading
Premarket stocks: Record GDP growth has never meant less - CNN
The US economy probably grew at a record pace during the summer months. But investors are already moving on, fixating on fears that the recovery could stall ...Continue reading
Economy grew at record 33.1% pace in Q3 as more businesses ...
Economy grew at record 33.1% annual pace in Q3 as more businesses reopened\. But COVID-19 spikes could slow growth.Continue reading
U.S. GDP booms at 33.1% rate in Q3, better than expected
The growth came after a 31.4% plunge in the second quarter and was better than the 32% estimate from economists surveyed by Dow Jones.Continue reading
U.S. economy recoups two-thirds of ground lost in first half of year ...
The U.S. economy grew at a record 7.4 percent between July and September and has recovered two-thirds of the ground it lost during the first half of the year.Continue reading
GDP numbers show economy recovering from pandemic, but ...
Two sets of data released Thursday by the government paint different pictures of an economy entrenched in the pain of the coronavirus crisis.Continue reading
GDP rose at 33.1 percent annualized rate last quarter, but blowout ...
Last quarter saw a record-high jump in GDP, but the third-quarter blowout figure is less than it first appears.Continue reading
U.S. Economy Grows At Record Pace But Still Has A Long Way To Go
U.S. GDP grew at a record 33.1% annualized pace in the third quarter, erasing some but not all of the damage done by the coronavirus recession.Continue reading
GDP Report: Trump is taking credit for the 'biggest and best' GDP in ...
President Donald Trump is celebrating an eye-popping report on gross domestic product. But is the economy really the "biggest and best"? Here are the facts.Continue reading
Euro zone GDP plunged by a record 12.1% in the second quarter
The euro zone economy contracted by 12.1% in the second quarter of 2020, compared to the first three months of the year, according to preliminary data from ...Continue reading
Eurozone GDP shrinks at the fastest rate in history, losing 12.1% in ...
Eurozone GDP fell by 12.1% in the second quarter, its biggest decline in history. This is significantly higher than the Eurozone's Q1's GDP cont...Continue reading
How Bad Was Second Quarter GDP, Really?
Two different Q2 GDP figures blared from headlines on Thursday. Both were terrible, but one was markedly less bad. Which was correct, and why were they ...Continue reading
Europe's economy suffers record 11.9% slump in GDP - CNN
Europe's economy shrank by 11.9% in the second quarter as the coronavirus pandemic plunged the region into a deep recession.Continue reading
This quarter's Gross Domestic Product numbers could be the worst on record. But what do they mean, exactly?Continue reading
Asian markets fall after grim U.S. GDP data
Asian shares tumbled Friday as reports showed layoffs of American workers are persisting at high levels after the U.S. economy contracted at a nearly 33%...Continue reading
The Big U.S. GDP Crash Reverses Economic Growth Of Last 11 Years
The U.S. economy shrank by 32.9 percent in the second quarter, the biggest drop in the gross domestic product since the government began tracking it in 1947.Continue reading
The GDP Saw An Enormous Drop Last Quarter. Does That Mean We ...
Did the GDP really fall by a third in Q2 of 2020? Here's how to understand what's happening to the economy in context.Continue reading
Record Low for U.S. G.D.P. as Coronavirus Takes Huge Toll
The second-quarter contraction set a grim record, and it would have been worse without government aid that is expiring.Continue reading
U.S. economy contracted at fastest quarterly rate on record from ...
The U.S. economy shrank by a stunning 9.5 percent from April through June, a historic contraction and a stinging reminder of how much was lost in such a short ...Continue reading
G.D.P., Election Day, Anglerfish: Your Thursday Evening Briefing
Here's what you need to know at the end of the day.Continue reading
GDP Hits Record Low; Unemployment Claims Rise; Treasury Yields ...
U.S. GDP: The BEA released its initial report on GDP for the second quarter, revealing the largest quarterly drop since 1958.Continue reading
10-year Treasury yield sinks to lowest since March after GDP ...
U.S. Treasury yields fall on Thursday as an official snapshot of U.S. growth in the second quarter of this year confirmed the economic devastation caused by...Continue reading
Government revisions show slightly slower 2019 GDP growth
WASHINGTON (AP) — The government says the U.S economy grew a bit more slowly last year than it had previously estimated and slightly faster in 2018.Continue reading
GDP report: Coronavirus-induced fall is one for history books
Economic output fell 32.9% in the second quarter, more than at any time since the Great Depression.Continue reading
GDP Plunged At A 32.9% Rate: Here's Why It Matters
The Commerce Department's initial estimate of U.S. gross domestic product (GDP) in the second quarter was, in a word, historic. The value of all goods and ...Continue reading
Second-quarter GDP plunged by worst-ever 32.9% amid virus ...
Neither the Great Depression nor the Great Recession nor any other slump over the past two centuries have ever caused such a sharp drain on the economy.Continue reading
German GDP slumps by most since 1970 in the second quarter
Germany recorded its worst deterioration in the economy in the second quarter since 1970, according to statistics released on Thursday. German gross domestic ...Continue reading
New GDP Numbers Put Pressure On Congress For $1200 Stimulus
The Bureau of Economic Analysis (BEA) just released its advance estimate for real gross domestic product (GDP) in the second quarter: a -32.9% decline.Continue reading
An Inside Look at the GDP Q2 Advance Estimate
The accompanying chart is a way to visualize real GDP change since 2007 and uses stacked column chart to segment the four major components of GDP with a ...Continue reading
Did a third of the economy really vanish in just three months?
The Commerce Department opened today's announcement of second-quarter economic growth with an eyeball-blistering observation: “Real gross domestic ...Continue reading
3 Months Of Hell: U.S. Economy Drops 32.9% In Worst GDP Report ...
The coronavirus triggered the sharpest economic contraction in modern history in the second quarter as the pandemic hammered the economy, the Commerce ...Continue reading
GDP Down 9.5%; US Economy at Its Worst: Live Market Updates
The U.S. economy's contraction in the second quarter was the worst on record. Copied to clipboard. Economic output fell at its fastest pace on record last spring ...Continue reading
US economy suffers worst quarter since the second world war as ...
Drop in quarterly gross domestic product comes as 1.43 million people file for unemployment benefits, a second week of increases, amid Covid-19 pandemic.Continue reading
US GDP contracted by a record-shattering 32.9% pace last quarter
The figure reflects how the pandemic shut down large swaths of the economy.Continue reading