Gross domestic product

FILE- In this Jan. 4, 2019, file work continues on a plan of new homes in Franklin Park, Pa. On Thursday, March 7, the Labor Department issues revised data on productivity in the fourth quarter. (AP Photo/Keith Srakocic, File)
March 07, 2019 - 8:54 am
WASHINGTON (AP) — U.S. productivity grew at a rate of 1.9 percent in the fourth quarter, a slight improvement over the third quarter. Labor costs rose 2 percent, the strongest gain since the beginning of 2018. The Labor Department reported Thursday that the result from the October-December period...
Read More
February 28, 2019 - 1:37 pm
WASHINGTON (AP) — The U.S. economy turned in a solid performance in 2018, boosted in part by tax cuts and higher government spending. But growth slowed by year's end, and most economists envision a weaker outlook for the coming months and probably years. The nation's gross domestic product, the...
Read More
FILE- In this Oct. 26, 2018, file photo the rising sun silhouettes the U.S. Capitol dome at daybreak in Washington. A new government report says that the U.S. budget deficit is set to hit $897 billion this year and predicts that economic growth will slow as the effects of President Donald Trump’s tax cut on business investment begin to drop off. (AP Photo/Alex Brandon, File)
January 28, 2019 - 11:35 am
WASHINGTON (AP) — The federal government shutdown will cause slight permanent harm to the economy — about $3 billion — according to a report Monday by the Congressional Budget Office. The report says the five-week shutdown has slowed growth in the near term but that most of the lost growth "will...
Read More
FILE- In this Jan. 30, 2018, file photo, a container ship waits to be unloaded at the Port of Oakland in Oakland, Calif. The U.S. economy expanded at a solid 3.4 percent annual rate in the third quarter, slightly slower than the previous estimate as consumer spending and exports were revised lower. The economy is expected to slow further in the current quarter. The Commerce Department said Friday, Dec. 21, 2018, that growth in the gross domestic product, the economy’s total output of goods and services, was revised down from an earlier estimate of 3.5 percent. (AP Photo/Ben Margot, File)
December 21, 2018 - 5:28 pm
WASHINGTON (AP) — The U.S. economy has turned in a stellar performance this year. But mounting problems, from trade tensions to jittery financial markets and political gridlock in Washington, are expected to sharply slow growth in 2019. The Commerce Department estimated Friday that the economy, as...
Read More
FILE- In this Jan. 30, 2018, file photo a rubber tire gantry moves into position to transfer shipping containers at the Georgia Ports Authority's Port of Savannah in Savannah, Ga. On Wednesday, Nov. 28, the Commerce Department issues the final estimate of how the U.S. economy performed in the July-September quarter. (AP Photo/Stephen B. Morton, File)
November 28, 2018 - 10:50 am
WASHINGTON (AP) — The U.S. economy expanded at a solid 3.5 percent annual rate in the July-September quarter, led by lower but still strong consumer spending and more business investment than previously estimated. The Commerce Department's figure for gross domestic product, released Wednesday, was...
Read More
Britain's Chancellor Philip Hammond walks past 10 Downing Street in London, Thursday, Nov. 22, 2018. (AP Photo/Kirsty Wigglesworth)
November 28, 2018 - 10:50 am
LONDON (AP) — Britain will be poorer after leaving the European Union than if it had stayed in, no matter what sort of trade deal it has with the bloc, the government said Wednesday — unwelcome news for Prime Minister Theresa May as she tries to sell her Brexit divorce deal to a skeptical nation. A...
Read More
FILE- In this Aug. 22, 2018, file photo trucks travel along a loading dock at the Port of Long Beach in Long Beach, Calif. On Friday, Oct. 26, the Commerce Department issues the first of three estimates of how the U.S. economy performed in the third quarter. (AP Photo/Marcio Jose Sanchez, File)
October 26, 2018 - 8:31 am
WASHINGTON (AP) — The U.S. economy grew at a robust annual rate of 3.5 percent in the July-September quarter as the strongest burst of consumer spending in nearly four years helped offset a sharp drag from trade. The Commerce Department says the third quarter's gross domestic product, the country's...
Read More
Italian Finance Minister Giovanni Tria, center, arrives for a round table meeting of eurogroup finance ministers at the European Council building in Luxembourg, Monday, Oct. 1, 2018. (AP Photo/Geert Vanden Wijngaert)
October 03, 2018 - 7:05 am
MILAN (AP) — Italy's economy minister is backing down on spending plans that would keep the country's deficit at an elevated level for three years. Giovanni Tria said Wednesday in Rome that the deficit to GDP ratio would be gradually reduced after 2019. The remark confirms a report by Corriere...
Read More
Italian Finance Minister Giovanni Tria, left, attends a round table meeting of eurogroup finance ministers at the European Council building in Luxembourg, Monday, Oct. 1, 2018. (AP Photo/Geert Vanden Wijngaert)
October 02, 2018 - 5:43 am
MILAN (AP) — Italy's leaders refused to budge from new spending targets that have been spooking investors recently and prompted concerns from the country's partners in eurozone. Deputy Prime Minister Luigi Di Maio said Tuesday that the government "will not back up one millimeter" from spending...
Read More
FILE- In this June, 19, 2018, file photo, an Ever Green Line refrigerated container is delivered to a ship to shore crane working the container ship Ever Linking at the Port of Savannah in Savannah, Ga. On Thursday, Sept. 27, the Commerce Department issues the final estimate of how the U.S. economy performed in the April-June quarter. (AP Photo/Stephen B. Morton, File)
September 27, 2018 - 8:58 am
WASHINGTON (AP) — The U.S. economy grew at a robust annual rate of 4.2 percent in the second quarter, the best performance in nearly four years, though economists believe growth has slowed in the current quarter partly because of a drag from trade. The performance of the gross domestic product, the...
Read More

Pages