The report also finalized second-quarter growth at 3%. Consumer spending, which accounts for about two-thirds of GDP, was up 3.7% in the third-quarter and accelerated from 2.8% in the second-quarter.

Fourth quarter economic growth eased to an annualized rate of 2.3 percent, shy of an expected 2.6 percent, as the economy heads into uncertain territory. Gross domestic product (GDP) growth slowed … ...

That last chunk, business investment, typically averages about 13% of total GDP, and it includes whatever businesses buy to grow their capacity. Think new machines for a factory floor.

The 22% increase in business investment was enough for White House senior trade adviser Peter Navarro on Wednesday to call the GDP report “the best negative print I have ever seen in my life.” ...

Second-quarter GDP received a boost from consumer spending and business investment. The housing market recovery, however, regressed and was a small drag on the economy.

The U.S. economy contracted at a rate of 0.3% in the first quarter of 2025, according to an estimate released on Wednesday by the Bureau of Economic Analysis.

Estimating the GDP of this entire economy — which now stands just shy of $29.2 trillion — is a work in progress. The Bureau of Economic Analysis just gave us its mostly final estimate: the ...

Understanding the economy requires recognizing the predictable sequence of the Business Cycle, which is critical for long-term investment strategies. Read the full article here.

"Small business owners went on a roller coaster ride in 2024. Earnings grew until July and declined every month through December," said Rohit Arora, Biz2Credit’s chief executive and co-founder.

Ng Han Guan/Associated Press The US economy shrank at a 0.3 percent annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business.

Business Powell calls for ‘change’ in ‘unsustainable’ fiscal path by Taylor Giorno - 12/04/24 2:56 PM ET Listen to audio version of this article Advertisement ...