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US Growth News

Federal Reserve System

27 Apr 2016

Fed keeps key rate unchanged, noting slower US growth

The Federal Reserve kept its benchmark interest rate unchanged Wednesday citing slower growth in the US economy even as the labor market strengthens.

US trade deficit

06 Jan 2016

US trade deficit shrinks to 9-month low

The US trade deficit shrank in November to a nine-month low as a sharp drop in imports outpaced a decline in exports, the Commerce Department said Wednesday.

01 Sep 2015

China manufacturing contracts, eurozone and US slows

China`s giant manufacturing industry contracted and eurozone and US growth eased in August in data published on Tuesday, while the International Monetary Fund cut its forecast for world growth this year.

01 Sep 2015

IMF's Lagarde sees weaker-than-expected global economic growth

"Overall, we expect global growth to remain moderate and likely weaker than we anticipated last July," Lagarde said.

US industrial production

15 Aug 2015

US industrial production up

The US industrial production rose for the second month in July, driven by surge in auto production, the Federal Reserve said.

30 May 2015

Greece, growth worries keep cap on Wall Street

Another volatile week marked by distrust over the US growth rebound and Greece`s debt talks prevented US markets from locking in recent record highs.

29 May 2015

US economy contracted 0.7% in first quarter

The US economy contracted at an annual rate of 0.7 percent in the first quarter of this year, the Commerce Department said Friday in a revised GDP estimate.

01 Apr 2015

US manufacturing activity slows in March: ISM

Growth in the US manufacturing sector slowed for the fifth straight month in March, the Institute for Supply Management said Wednesday.

US trade deficit

05 Feb 2015

US trade deficit jumps 17.1% to $46.6 billion

The US trade deficit in December jumped to the highest level in more than two years as American exports fell and imports climbed to a record level.

30 Jan 2015

US economic growth in 2014 fastest since 2010

US gross domestic product grew at an annual 2.4 percent pace last year.

global recession

21 Jan 2015

Obama declares victory over recession

Declaring victory over vicious recession, US President Barack Obama today said the shadow of crisis has passed and the world's largest economy has turned the page on years of costly wars as he pledged economic policies to help the middle class and target the wealthy.

US consumer spending

16 Jan 2015

US consumer sentiment at highest in 11 years

US consumer sentiment rose to its highest on gains in jobs and wages and on lower gasoline prices.

economy revival

08 Jan 2015

America's resurgence is real: Barack Obama

Hailing the revival of economy and jobs growth in the US, President Barack Obama has said that the worst of the crisis is over and there is no looking back.

07 Jan 2015

Obama takes US economic bright spell on the road

Riding high on a stronger economy, President Barack Obama is setting out on a US tour to highlight the improved numbers, with hopes that his approval rating follows suit.

23 Dec 2014

Oil gains as US growth beats expectations

World oil prices rose Tuesday as strong US economic data sparked a round of buying in the beaten-down commodity.

US manufacturing

15 Aug 2014

Manufacturing leads US industrial output higher

The July output increase was slightly stronger than analysts expected.

31 Jul 2014

Nikkei rises to fresh 6-month high led by exporters, banks

Japan`s Nikkei share average rose to a fresh six-month high on Thursday after solid U.S. growth buoyed sentiment and as the weakening yen lifted exporters, while Sumitomo Mitsui Financial Group`s earnings boosted the banking sector.

Gross domestic product

30 Jul 2014

US economy seen regaining muscle in second quarter

Gross domestic product likely grew at a 3.0 percent annual rate after shrinking at a 2.9 percent pace in the first quarter, according to a Reuters survey of economists.

01 Jul 2014

US manufacturing growth slips in June

The US manufacturing sector grew at a slightly slower pace in June after hitting the year`s highest level the prior month, the Institute for Supply Management said Tuesday.

Federal Reserve

18 Jun 2014

Fed cuts 2014 growth forecast but maintains confidence in recovery

The Federal Reserve on Wednesday slashed its forecast for US economic growth this year but expressed confidence the recovery was largely on track and would allow it to begin raising interest rates in 2015.

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