Page 10 - Us Economic Growth

Trump is slowing US economic growth

The US administration's trade agenda is driven by the discredited mercantilist idea that selling stuff (exports) is good and buying stuff (imports) is bad

Wealthiest hold 88% of country's wealth: Rich get richer in US expansion

Indeed, as the expansion entered its record-setting 121st month on Monday, signs of a new Gilded Age are all over

Govt spending, mainly in defence, fuelling US economic growth acceleration

Defense shifted from contracting at a 2.1% annual rate between June 2009 and March 2017, to growing at a 2.9% rate since April 2017

As Trump's America sees a boom, others, including India, take a hit

The US is set to be the only Group of Seven nation to see economic growth accelerate this year as Trump's tax cuts kick in

Big tech is a big problem

There are many reasons for slow productivity growth, not least a decade of low investment in the wake of the 2008 global financial crisis

US Q3 growth revised to three-year high of 3.3%

Economists see a modest boost to growth from efforts by President Donald Trump and his fellow Republicans

US economic expansion likely to last another two years or more: Report

Donald Trump's administration aims to boost annual growth to 3%, mainly through sweeping tax cuts

Consumers, businesses lift US economic growth in second quarter

GDP increased at 2.6% annual rate in the April-June period

US first quarter growth weakest in three years

Gross domestic product increased at a 0.7% annual rate

Boosted by consumer spending, US economic growth revised higher in Q4

GDP increased at a 2.1% annualised rate instead of the previously reported 1.9% pace

US economic growth slows to 1.9% in Q4; weakest in 5 years

However, steady consumer spending and rising business investment suggests economy would expand