WASHINGTON, Nov. 27 (Xinhua) -- The U.S. gross domestic product (GDP) grew at an annual rate of 2.8 percent in the third quarter of this year, the U.S. Department of Commerce reported in the second estimate released Wednesday.
WASHINGTON, Dec. 21 (Xinhua) -- The U.S. real gross domestic product (GDP) growth in the third quarter of 2023 was revised down to an annual rate of 4.9 percent in its third and final estimate, the Commerce Department reported on Thursday.
WASHINGTON, Nov. 29 (Xinhua) -- The U.S. real gross domestic product (GDP) growth in the third quarter of this year was revised up to an annual rate of 5.2 percent, compared with 4.9 percent in the "advance" estimate, the Commerce Department reported on Wednesday.
WASHINGTON, Nov. 29 (Xinhua) -- The U.S. real gross domestic product (GDP) growth in the third quarter of this year was revised up to an annual rate of 5.2 percent, compared with 4.9 percent in the "advance" estimate, the Commerce Department reported on Wednesday.
WASHINGTON, Oct. 26 (Xinhua) -- The U.S. real gross domestic product (GDP) increased at an annual rate of 4.9 percent in the third quarter of 2023, outpacing expectations, the Commerce Department reported on Thursday.
WASHINGTON, Aug. 29 (Xinhua) -- U.S. gross domestic product (GDP) growth rate rose at an annual rate of 3.0 percent in the second quarter of this year, the Department of Commerce reported in its second estimate released on Thursday.
WASHINGTON, March 28 (Xinhua) -- The U.S. real gross domestic product (GDP) growth in the fourth quarter of 2023 was slightly revised up to an annual rate of 3.4 percent in the third and final estimate, the Commerce Department reported on Thursday.
WASHINGTON, July 30 (Xinhua) -- The U.S. economy saw the sharpest contraction in decades between April and June as the country grappled with the fallout of COVID-19 lockdowns, indicating the depth and severity of the pandemic-induced recession.
WASHINGTON, Nov. 25 (Xinhua) -- U.S. economic activity in the third quarter grew at an annual rate of 33.1 percent in a second estimate, after a sharp contraction in the previous quarter, the Commerce Department reported on Wednesday.
A drone flies over a peaceful Southern California marsh and unleashes a rain of larvae-killing bacterial spore pellets. Its target: a surging population of mosquitoes that can spread diseases to humans.
NEW YORK, July 27 (Xinhua) -- U.S. real gross domestic product (GDP) increased at an annual rate of 2.4 percent in the second quarter of 2023, faster than expected, according to the Commerce Department's report released on Thursday.
CONSTRUCTION jobs are set to become the next victim of high interest rates as the housing backlogs that have helped keep demand for workers steady start to diminish.
WASHINGTON, March 1 (Xinhua) -- U.S. construction spending slid 0.1 percent in January to 1.826 trillion U.S. dollars, according to data released Wednesday by the Commerce Department.
KUALA LUMPUR: Affin Bank Bhd and Affin Islamic Bank Bhd have launched AFFIN Solar Financing-i, a sustainable and personal financing plan for retail customers to purchase and install Solar Photovoltaic System (SPV) at residential and nonresidential properties.
WASHINGTON, July 28 (Xinhua) -- The U.S. economy shrank at an annual rate of 0.9 percent in the second quarter after a 1.6-percent contraction in the previous quarter, the U.S. Commerce Department reported Thursday.
WASHINGTON: The U.S. economy unexpectedly contracted in the second quarter, with consumer spending growing at its slowest pace in two years and business spending declining, raising the risk that the economy was on the cusp of a recession.
SHANGHAI (China Daily/Asia News Network): The Shanghai government vowed on Thursday (April 7) to ensure its 25 million residents receive daily necessities, as the citywide lockdown to prevent the spread of Covid-19 reached its seventh day.
SAN FRANCISCO (Reuters) - U.S. businesses have been spending more on technology than on bricks and mortar for more than a decade now, but the trend has accelerated during the pandemic, one more sign that working from home is here to stay.
WASHINGTON: U.S. retail sales increased less than expected in October and could slow further, restrained by spiraling new COVID-19 infections and declining household income as millions of unemployed Americans lose government financial support
WASHINGTON: The U.S. economy grew at a record pace in the third quarter as the government injected more than $3 trillion worth of pandemic relief which fueled consumer spending, but the deep scars from the Covid-19 recession could take a year or more to heal.