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US GDP growth News

29 Nov 2017

US third quarter growth fastest in three years at 3.3%

The six months from April to October saw the fastest economic expansion since the same period in 2014, when GDP grew by an average of 4.9 percent.

26 May 2017

Gold at highest since May 1 on political uncertainty, dollar

Gold hit its highest in nearly four weeks on Friday as political uncertainty led investors to shun riskier assets in favour of bullion.

26 May 2017

US economy grows at tepid 1.2%; business spending softens

The US economy slowed less than initially thought in the first quarter, but there are signs it could struggle to rebound sharply in the second quarter amid slowing business investment and moderate consumer spending.

28 Oct 2016

US economy accelerates to 2.9 percent, hits fastest pace in two years as election looms

US economic growth accelerated to a 2.9 percent annual rate in the third quarter boosted by a big jump in exports and solid consumer spending, the Commerce Department reported Friday.

American government bonds

11 Oct 2016

India's exposure to US government securities crosses $123 billion in July

Steeply increasing its exposure, India's holdings of American government bonds touched a high of USD 123.7 billion in July making it the 12th largest holder of such securities.

28 Aug 2015

Asia extends stocks rally as upbeat US GDP calms nerves

Asian shares extended a global rally on Friday after upbeat U.S. economic data calmed sentiment, with Chinese stocks jumping for the second day following a rocky start to the week.

23 Dec 2014

US stocks soar to new record as growth accelerates

The Dow stock index climbed above 18,000 for the first time ever Tuesday after government data estimated third-quarter US economic growth at a spectacular five percent.

25 Nov 2014

US economy grew robust 3.9% in third quarter

The US economy grew at a robust 3.9 percent pace in the third quarter, stronger than previously estimated as business investment and consumer spending picked up, the Commerce Department said Tuesday.

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