economy expanded

WASHINGTON | US economy grew at 3.4 percent rate in third quarter

WASHINGTON  — 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 that growth in the gross domestic product, the … Continue reading WASHINGTON | US economy grew at 3.4 percent rate in third quarter

WASHINGTON | US job openings in October rise to 2nd-highest on record

WASHINGTON — The number of open jobs rose in October to the second-highest on record, evidence that U.S. employers remain determined to hire, despite ongoing trade disputes and rocky financial markets. The Labor Department says the number of job openings increased 1.7 percent to a seasonally adjusted 7.1 million. That is not far from the … Continue reading WASHINGTON | US job openings in October rise to 2nd-highest on record

WASHINGTON | US economy grew at brisk 3.5 pct. annual rate last quarter

WASHINGTON— 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 the same as its first estimate last month. GDP is the broadest measure … Continue reading WASHINGTON | US economy grew at brisk 3.5 pct. annual rate last quarter

LONDON | UK economy grows at fastest tick in nearly 2 years

LONDON— Official figures show that the British economy grew in the third quarter of the year at its fastest pace for nearly two years. The Office for National Statistics said Friday that the economy expanded by a quarterly rate of 0.6 percent in the July to September period. That’s up from the previous quarter’s 0.4 … Continue reading LONDON | UK economy grows at fastest tick in nearly 2 years

BERLIN | German economy grew by 0.5 percent in 2nd quarter

BERLIN— The German economy accelerated slightly in the second quarter to grow by 0.5 percent compared with the previous three-month period, official data showed Tuesday, performing a little better than economists had expected. Germany’s economy, Europe’s biggest, grew 0.4 percent in the first quarter — a figure that was revised upward Tuesday from the initial … Continue reading BERLIN | German economy grew by 0.5 percent in 2nd quarter