US consumer spending grew in the first quarter at the weakest pace since the onset of the pandemic on a sharp deceleration in outlays for a variety of services.

Economists polled by The Wall Street Journal said the US's economic forecast looks better now than it did three months ago.

The US economy has weakened over the past year, with GDP growth declining from 3.2% in Q4 2023 to 2.5% in Q4 2024, notes the SBI report. “The GDP Now model estimate from Atlanta Fed for real GDP ...

The U.S. economy is expected to see its strongest quarterly growth of the year in the second quarter of the year, according ...

The US remains the world's richest country with a GDP of $29.18 trillion. Each state's GDP compares to that of another country US GDP fell in Q1 this year, the first decline since 2022. The US ...

US GDP contracted at an annual rate of 0.3% in the January-March period. The US Dollar Index trades with decent gains in the 99.30-99.40 band. The United States (US) economy contracted at an ...

U.S. gross domestic product (GDP) grew at an annualized rate of 3 percent in the second quarter, showing an impressive performance for the economy through an elevated interest rate environment set … ...