Gross domestic product

February 28, 2019 - 8:36 am
WASHINGTON (AP) — The U.S. economy slowed in the final three months of last year to an annual growth rate of 2.6 percent, the slowest pace since the beginning of 2018, as various factors including the government shutdown took a toll on growth. Economists believe growth has slowed even more in the...
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FILE- In this Sunday, Feb. 17, 2019, file photo an unsold 2019 Escape sports-utility vehicles sit in a long row at a Ford dealership in Broomfield, Colo. On Thursday, Feb. 21, the Commerce Department releases its December report on durable goods. (AP Photo/David Zalubowski, File)
February 21, 2019 - 11:09 am
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods posted a 1.2 percent advance in December, but much of the strength came from a surge in demand for commercial aircraft, a notoriously volatile sector. In a worrisome development, a key category that tracks business...
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FILE- In this Sunday, Feb. 17, 2019, file photo an unsold 2019 Escape sports-utility vehicles sit in a long row at a Ford dealership in Broomfield, Colo. On Thursday, Feb. 21, the Commerce Department releases its December report on durable goods. (AP Photo/David Zalubowski, File)
February 21, 2019 - 8:49 am
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods posted a 1.2 percent advance in December, the best showing in four months, but much of the strength came from a surge in orders for commercial aircraft. In a worrisome development, a key category that tracks business...
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File--- Picture taken Dec.6, 2018 shows two Bundeswehr main battle tanks (from left), type Leopard 2A6 and a Puma infantry fighting vehicle, drive through the terrain during an exercise in Munster, Germany. (Philipp Schulze/dpa via AP)
February 05, 2019 - 10:35 am
BERLIN (AP) — Germany's tightening public finances are raising questions over whether the country will miss its military spending target at a time when the U.S. is increasing pressure on its European allies to increase defense budgets. A Finance Ministry document circulated to other ministries for...
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FILE- In this Oct. 26, 2018, file photo the rising sun silhouettes the U.S. Capitol dome at daybreak in Washington. A new government report says that the U.S. budget deficit is set to hit $897 billion this year and predicts that economic growth will slow as the effects of President Donald Trump’s tax cut on business investment begin to drop off. (AP Photo/Alex Brandon, File)
January 28, 2019 - 11:51 am
WASHINGTON (AP) — The federal government shutdown will cause slight permanent harm to the economy — about $3 billion — according to a report Monday by the Congressional Budget Office. The report says the five-week shutdown has slowed growth in the near term but that most of the lost growth "will...
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FILE- In this Oct. 26, 2018, file photo the rising sun silhouettes the U.S. Capitol dome at daybreak in Washington. A new government report says that the U.S. budget deficit is set to hit $897 billion this year and predicts that economic growth will slow as the effects of President Donald Trump’s tax cut on business investment begin to drop off. (AP Photo/Alex Brandon, File)
January 28, 2019 - 11:35 am
WASHINGTON (AP) — The federal government shutdown will cause slight permanent harm to the economy — about $3 billion — according to a report Monday by the Congressional Budget Office. The report says the five-week shutdown has slowed growth in the near term but that most of the lost growth "will...
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FILE- In this Oct. 26, 2018, file photo the rising sun silhouettes the U.S. Capitol dome at daybreak in Washington. A new government report says that the U.S. budget deficit is set to hit $897 billion this year and predicts that economic growth will slow as the effects of President Donald Trump’s tax cut on business investment begin to drop off. (AP Photo/Alex Brandon, File)
January 28, 2019 - 11:15 am
WASHINGTON (AP) — The federal government shutdown will cause slight permanent harm to the economy — about $3 billion — according to a report Monday by the Congressional Budget Office. The report says the five-week shutdown has slowed growth in the near term but that most of the lost growth "will...
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FILE- In this Jan. 30, 2018, file photo, a container ship waits to be unloaded at the Port of Oakland in Oakland, Calif. 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, Dec. 21, 2018, that growth in the gross domestic product, the economy’s total output of goods and services, was revised down from an earlier estimate of 3.5 percent. (AP Photo/Ben Margot, File)
December 21, 2018 - 5:28 pm
WASHINGTON (AP) — The U.S. economy has turned in a stellar performance this year. But mounting problems, from trade tensions to jittery financial markets and political gridlock in Washington, are expected to sharply slow growth in 2019. The Commerce Department estimated Friday that the economy, as...
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December 21, 2018 - 8:31 am
WASHINGTON (AP) — 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 says growth in...
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European Commissioner for Economic and Financial Affairs Pierre Moscovici, left, and European Commissioner for Euro and Social Dialogue Valdis Dombrovkis participate in a media conference at EU headquarters in Brussels, Wednesday, Dec. 19, 2018. The European Commission says it has reached an agreement with Italy to avert action over the country's budget plans, which the EU's executive arm had warned could break euro currency rules. (AP Photo/Virginia Mayo)
December 19, 2018 - 9:04 am
BRUSSELS (AP) — The European Commission said Wednesday it has reached an agreement with Italy on its budget plans, which the EU's executive arm had warned could break the euro's rules and lead to legal action. European Commission Vice President Valdis Dombrovskis said the "agreement is not ideal"...
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