US economy grew 1.9% in third quarter
The U.S. economy grew at an annual rate of 1.9% for the third quarter of 2019 as businesses slowed their investments and consumer spending declined amid a slowdown in global growth and the trade war with China.
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US retail sales unexpectedly drop as Trump’s trade war hits the backbone of the economy
A key measure of consumer spending unexpectedly dropped for the first time in seven months in September, raising concerns about one of the brightest spots in the US economy.
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US Economy Grew at Modest 2% Rate in Second Quarter
The U.S. economy grew at a modest 2% annual rate in the second quarter, a pace sharply lower than the 3%-plus growth rates seen over the past year. Many analysts believe growth will slow further in coming quarters as global weakness and rising trade tensions exert a toll.
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$9 trillion corporate debt bomb is ‘bubbling’ in the US economy
At first glance, it looks like a $9 trillion time bomb is ready to detonate, a corporate debt load that has escalated thanks to easy borrowing terms and a seemingly endless thirst from investors.
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Small Business Index Soars to Highest Level Since Reagan, Middle-Class Income Sets New Record
Several new reports are providing the latest proof that the US economy is booming right now.
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US economy’s growth rate boosted to 4.2 percent
The U.S. economy grew 4.2 percent in the three months through June, slightly faster than initially reported and the most in four years.
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