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US Economy Growth

Applications For U.S. Unemployment Aid Hit 15-Year Low

AP | Posted 04.30.2015 | Business

The number of Americans seeking unemployment aid plummeted to the lowest level in 15 years last week, evidence that employers are laying off few workers despite a sharp slowdown in economic growth.

U.S. Economy Grows At Fastest Rate Since 2003

AP | Posted 02.22.2015 | Business

WASHINGTON (AP) — The U.S. economy grew at a sizzling 5 percent annual rate in the July-September period, the fastest in more than a decade, boosted...

U.S. Economy Grew Faster Than First Reported Last Quarter

AP | By MARTIN CRUTSINGER | Posted 01.25.2015 | Business

WASHINGTON (AP) — The U.S. economy grew even faster in the third quarter than initially thought, posting the strongest six months of growth in more ...

U.S. Economy Grows Unexpectedly

Reuters | Posted 07.31.2013 | Business

WASHINGTON, July 31 (Reuters) - U.S. economic growth unexpectedly accelerated in the second quarter, laying a firmer foundation for the rest of the ye...

IMF Official: Tight Fiscal Policy Is Hurting U.S. Economic Growth

Reuters | Posted 06.16.2013 | Business

WASHINGTON, April 16 (Reuters) - The U.S. economy would likely grow as much as 2 percentage points higher this year if the government were not tighten...

U.S. Economy Grew At Slowest Pace In Nearly Two Years

AP | By MARTIN CRUTSINGER | Posted 05.28.2013 | Business

WASHINGTON (AP) — The U.S. economy grew at a slightly faster but still anemic rate at the end of last year. However, there is hope that growth accel...

Megatrend: China's GDP Will Exceed U.S. GDP in the 21st Century -- Deal With It

Steven Strauss | Posted 12.21.2012 | Politics
Steven Strauss

Supporters of 'Romney-Ryan as economic saviors' believe they'll miraculously produce the hyper-economic growth we failed to achieve by lowering marginal tax rates, repealing Obamacare, and increasing military spending. If you believe Romney-Ryan will produce this miracle, you probably also believe in the Tooth Fairy.

As Economy Slows, Recession Fears Grow Louder

Reuters | Leah Schnurr | Posted 11.14.2011 | Business

Chances the United States will lapse into another recession rose over the past month to nearly one in three as the economy faces a number of road bloc...

U.S. Economy's Growth Meager In Spring, Increasing Recession Fears

AP | CHRISTOPHER S. RUGABER | Posted 10.26.2011 | Business

WASHINGTON (Associated Press)-- The U.S. economy grew at a meager 1 percent annual pace this spring, slower than previously estimated. The downward re...

Fed May Stop $600 Billion Purchase Plan In Late 2011

Posted 05.25.2011 | Business

WASHINGTON (Reuters) - A top Federal Reserve official said he would set the bar "very high" for the central bank to stop short in its planned $600 bi...

Roubini Calls US Growth 'Dismal And Poor,' Predicts Slowing

Bloomberg | Simon Kennedy and Erik Schatzker | Posted 05.25.2011 | Business

New York University Professor Nouriel Roubini, who anticipated the financial crisis, called the fourth quarter surge in U.S. economic growth "very dis...