U.S. economic growth

WASHINGTON  | AP FACT CHECK: Trump’s ‘historic’ economic gains, 2016 myths

WASHINGTON  — President Donald Trump exaggerated his role in boosting U.S. economic growth, falsely claiming full credit for positive economic news and inaccurately declaring a “historic” turnaround. The statements capped a week of mystifying assertion in which Trump also invented history by saying he won the women’s vote in the 2016 election, saw progress with … Continue reading WASHINGTON  | AP FACT CHECK: Trump’s ‘historic’ economic gains, 2016 myths

WASHINGTON | IMF: World economy likely to grow 3.9 percent this year

WASHINGTON — The International Monetary Fund is keeping its forecast for global economic growth unchanged at 3.9 percent this year despite worries about rising trade tensions and higher oil prices. But the lending agency is downgrading the outlook for Europe and Japan. The IMF now predicts that the economy of the 19-country eurozone will grow … Continue reading WASHINGTON | IMF: World economy likely to grow 3.9 percent this year

WASHINGTON | US GDP revised down to lackluster 2 percent rate in Q1

WASHINGTON — U.S. economic growth in the first quarter was revised down to a lackluster 2 percent — a sharp deceleration and the poorest showing in a year. But economists expect a significant rebound in the current quarter, forecasting a sizzling growth rate of 4 percent or more. The Commerce Department said Thursday in its … Continue reading WASHINGTON | US GDP revised down to lackluster 2 percent rate in Q1

NEW YORK | Trade tremors: How tariffs, tough talk has unsettled markets

NEW YORK (AP) — Fears of a trade war have given a boost to some of the smallest companies on the market as well as some of the biggest technology companies, but they’ve squeezed almost everything in the middle. For more than three months, investors have focused on U.S. negotiations with trading partners including China, … Continue reading NEW YORK | Trade tremors: How tariffs, tough talk has unsettled markets

US economic growth revised down slightly to 2.5 pct. in Q4

WASHINGTON /February 28, 2018 (AP)(STL.News) — U.S. economic growth was revised down slightly to a still-solid 2.5 percent rate in the final three months of last year, as a jump in consumer spending was not quite as strong as first thought. The Commerce Department says the fourth quarter advance in the gross domestic product, the … Continue reading US economic growth revised down slightly to 2.5 pct. in Q4