US GDP rose 1.9% in the third quarter, vs 1.6% growth expected
A line worker installs the back seats on the flex line at Nissan Motor Co's automobile manufacturing plant in Smyrna, Tennessee, August 23, 2018.U.S. gross domestic product — the broadest measure of the U.S. economy — grew faster than expected in the third quarter, but slowed slightly from the second quarter as business investments declined.
Growth in gross private domestic investment continued to decline in the three months ended September 30 with a read of -1.5%, but far better than the -6.3% contraction in the second quarter. The White House's aggressive trade tactics, especially the back-and-forth tariff battle between the U.S. and China, have been a drag on business sentiment, with executives expressing concern, both in surveys and earnings calls.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Why GDP is likely to show a more wobbly U.S. economy in the third quarterThe massive U.S. economy was unable to escape any harm from a trade war with China and a deteriorating global outlook during the summer. Growth likely slowed...
Lire la suite »
Exclusive: U.S.-China trade deal might not be ready for signing in Chile: U.S. officialAn interim trade agreement between the United States and China might not be comp...
Lire la suite »
Exclusive: U.S.-China trade deal may not be ready for signing in Chile - U.S. officialThe United States and China are continuing to work on an interim trade agreement...
Lire la suite »
Re-election runway: What U.S. airports can tell us about Trump's 2020 chancesAnalysis: A high-altitude way of looking at America's political divide and what it means for Democrats.
Lire la suite »
Exclusive: U.S.-China trade deal might not be ready for signing in Chile - U.S. officialAn interim trade agreement between the United States and China might not be comp...
Lire la suite »
Fed set to cut rates, GDP report, Apple earnings: 3 things to watch in Wednesday's marketsInvestors will brace for a slew of market-moving events on Wednesday with the Fed's rate decision, key GDP reading and earnings from Apple and Facebook.
Lire la suite »