Tag

Gdp Growth

All articles tagged with #gdp growth

August Trade Deficit Surges to $105.6B Amid AI Imports and Strong Dollar

The U.S. trade deficit widened to $105.6 billion in August, marking the largest monthly gap since March 2025. Imports rose 4.3%, driven largely by artificial intelligence equipment, while exports grew only 1.4%. Although the year-to-date deficit remains 20% lower than the previous year, economists warn that rising import costs may slow third-quarter GDP growth. Analysts attribute the trend to a strong dollar and government borrowing rather than tariff failures.

via CNBC|

#ai-infrastructure #economy #federal-reserve

economy8 days ago•131 min saved

US Consumer Spending Surges 0.9% in August as Inflation Cools

US consumer spending jumped 0.9% in August, up from 0.1% in July, despite elevated prices. This robust spending, potentially fueled by stock market gains and increased debt, supports a 2.2% GDP growth rate for the July-September quarter, with analysts expecting acceleration to 3% in the current quarter. Meanwhile, inflation cooled slightly, with the PCE price index rising 3.4% year-over-year, easing pressure for an immediate Federal Reserve rate hike.

via AP News|

#consumer-spending #economic-resilience #economy

economy9 days ago•20 min saved

August PCE inflation cools to 3.4%, easing pressure for an October Fed rate hike

The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures (PCE) price index, rose 3.4% year-over-year in August, below expectations. Core PCE, excluding food and energy, increased 3.0%, also lower than forecasts. This data reduces the likelihood of a rate hike in October, pushing expectations toward December. Meanwhile, second-quarter GDP was revised sharply higher to 2.2%, and consumer spending grew 0.9%.

via Yahoo Finance|

#consumer-spending #economy #federal-reserve

economy23 days ago•22 min saved

August retail rebound fuels GDP optimism as inflation remains stubborn

U.S. retail sales rose 1.2% in August, led by nonstore retailers and services, with core retail ex-autos, gas, building materials and food up 1.4%—the strongest gain since Sept. 2024—boosting Q3 GDP forecasts to about 3.0%–3.5%. Inflation signals remained mixed as import prices climbed 0.7% and were up 7.0% year-over-year, even as gasoline costs rose and real wages cooled. The report follows a Fed rate hike to 3.75%–4.00% with guidance for additional increases, underscoring resilient consumer spending amid inflation headwinds.

via Yahoo Finance|

#economy #fed-policy #gdp-growth

business1 month ago•17 min saved

Centre defends GDP methodology with FAQs amid 7.8% growth questions

Centre releases FAQs clarifying the GDP estimates after opposition questions the 7.8% Q1 FY27 growth, explaining the double-deflation method, GDP deflator vs CPI/WPI, and base-year revisions with new data sources; says revisions reflect methodology, not manipulation, with RBI projecting 6.7% for FY27 and next quarterly data due later.

via The Times of India|

#base-year-2022-23 #business #data-revisions

business2 months ago•2 min saved

Yields rise as Fed rate-hike bets mount amid oil rally

U.S. Treasury yields climbed Friday on growing expectations that the Fed will hike rates later this year, helped by higher oil prices and persistent inflation. The 10-year yield rose to about 4.731%, the 2-year to 4.295%, and the 30-year to 5.263%. Fed officials signaled support for tighter policy after the central bank left rates unchanged, while energy prices gained on Iran-related tensions in the Strait of Hormuz, pressuring bonds. Michigan sentiment improved; core PCE rose 0.1% MoM (3.3% YoY), GDP rose 1.5% in Q2, and investors eye next week's jobs data (July nonfarm payrolls and June JOLTs openings).

via CNBC|

#business #federal-reserve #gdp-growth

business2 months ago•5 min saved

US GDP Slows to 1.5% in Q2 2026 as Trade Gap and Oil Prices Weigh on Growth

US GDP grew 1.5% in Q2 2026, down from 2.1% in Q1, pressured by a wider trade deficit and energy-price swings. Imports rose on investment and consumption, while exports lagged, helping drag overall growth. Analysts describe the period as a supply shock with policy uncertainty, suggesting a rebound will require broader business investment, clearer trade policy, and stronger consumer confidence.

via Al Jazeera|

#business #gdp-growth #inflation

business-and-economy2 months ago•3 min saved

US economy cools in Q2, growth slips to 1.5% amid inflation and trade gaps

US GDP rose 1.5% in Q2 2026, down from 2.1% in Q1 as consumer spending was boosted by tax refunds and higher fuel costs while a widening trade deficit and elevated energy prices weighed on momentum. Inflation (PCE) stood at 3.7% year over year in June, the Fed held rates at 3.5–3.75%, and markets rose on the data as AI/tech investment remains a growth driver.

via Al Jazeera|

#ai-investment #business-and-economy #gas-prices

world2 months ago•19 min saved

China's Q2 growth slows to 3½-year low as imbalances deepen

China’s economy grew 4.3% year-on-year in Q2, slowing from Q1’s 5.0% and undershooting its 4.5–5.0% annual target, as weak consumption and investment offset a still-strong manufacturing/export engine; June retail sales rose 1.0% and industrial output +5.3%, while fixed-asset investment fell 5.7% and housing demand remained soft, underscoring an unbalanced growth model and prompting debate over policy steps to boost domestic demand.

via Yahoo Finance|

#china-economy #domestic-demand #exports

economy2 months ago•2 min saved

China’s growth cools to 4.3% as investment slump deepens

China’s economy grew 4.3% in Q2, the slowest pace in over three years, as urban fixed-asset investment fell 5.7% in the first half. June saw retail sales rise 1% and industrial output advance 5.3%, signaling a mixed rebound amid weak domestic demand. With Beijing’s full-year target at 4.5–5% and growth likely undershooting it, policymakers are expected to roll out stimulus in Q3, potentially including a rate cut to spur investment, while unemployment hovered around 5% in June.

via CNBC|

#economy #fixed-asset-investment #gdp-growth

economy3 months ago•2 min saved

May PCE Core Inflation Climbs to 3.4%, Keeping Fed on Inflation Watch

The May 2026 PCE report shows the Fed’s preferred core inflation at 3.4% year-over-year (up 0.3% for May) and all-items inflation at 4.1% (up 0.4% for the month), with consumer spending rising 0.7% and personal income up 0.7%. GDP grew at a 2.1% annualized rate in Q1, while initial jobless claims fell to 215,000. The data underscore persistent inflation pressures even as growth remains solid, reinforcing the Fed’s cautious-to-hawkish stance on policy.

via CNBC|

#consumer-spending #core-inflation #economy

business3 months ago•2 min saved

Bessent Bets on 3% U.S. Growth Path by Year-End

Treasury Secretary Scott Bessent says the U.S. economy can return to 3% growth this year, citing a strong underlying economy despite inflation and tariff headwinds, and reiterating his “3-3-3” plan (3% growth, 3% deficit-to-GDP, and a 3 million barrel-per-day increase in oil production). He notes Q1 growth at 1.6% annualized after 0.5% in Q4 2025, and suggests the deficit-to-GDP ratio could be around 3% by the end of the president’s term as debt declines relative to GDP, with monetary policy remaining cautious amid inflation.

via CNBC|

#business #deficit-to-gdp #fed-policy

economy3 months ago•8 min saved

Debt Deluge Threatens US Growth, SocGen Warns

SocGen cautions that US household debt has surged to about $19.9 trillion while the personal savings rate sits near a record low, highlighting a weakening wealth effect and rising debt intensity that could leave consumer spending—roughly 70% of GDP—vulnerable if asset prices falter or credit conditions tighten. The combination of higher leverage and slower income growth suggests the economy could stall more quickly than expected if households cut back on spending.

via Business Insider|

#consumer-spending #economy #gdp-growth

business4 months ago•2 min saved

US Q1 GDP Downgraded to 1.6% as Spending Slows and Inflation Bites

BEA data show US Q1 GDP growth at 1.6% annualized, revised down from 2.0%, due to weaker inventory investment and consumer spending. Business equipment spending remained strong and final sales to private domestic purchasers rose 2.4%. Inflation pressures from Middle East tensions could weigh on growth into Q2.

via Reuters|

#business #consumer-spending #gdp-growth

economy5 months ago•2 min saved

China delivers 5% Q1 growth on export strength, despite tepid domestic demand

China’s economy grew 5% in the first quarter, beating economists’ expectations as robust exports offset weak domestic demand. Industrial output rose 5.7% and retail sales gained 1.7% in March, while fixed-asset investment climbed 1.7% and property investment fell 11.2%. Unemployment stood at 5.4%. Beijing kept a 4.5–5% annual target, but the outlook faces pressure from higher energy costs linked to the Iran conflict and a softer global demand environment.

via CNBC|

#china-economy #economy #exports