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GDP Report Shows US Economy Grew at 2.8% Rate
Posted inConsumer Behavior Gross Domestic Product Inflation (Economics) Recession and Depression United States Economy

GDP Report Shows US Economy Grew at 2.8% Rate

In a key economic report released just days before the presidential election, growth was again driven by robust consumer spending.
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Posted by By Ben Casselman
U.S. Economy Had Stronger Rebound From Pandemic, G.D.P. Data Shows
Posted inCommerce Department Coronavirus (2019-nCoV) Gross Domestic Product Recession and Depression United States Economy

U.S. Economy Had Stronger Rebound From Pandemic, G.D.P. Data Shows

Updated figures show that gross domestic product, adjusted for inflation, grew faster in 2021, 2022 and early 2023 than previously reported.
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Posted by By Ben Casselman
As Federal Reserve Readies Interest Rate Cut, Risks to Job Market Still Loom
Posted inFederal Reserve System Hiring and Promotion Interest Rates Labor and Jobs Powell, Jerome H Prices (Fares, Fees and Rates) Recession and Depression United States Economy Wages and Salaries

As Federal Reserve Readies Interest Rate Cut, Risks to Job Market Still Loom

The Federal Reserve is poised to lower interest rates this week. Recent jobs data have been a reminder that a soft landing is not yet assured.
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Posted by By Jeanna Smialek
Why Low Layoff Numbers Don’t Mean the Labor Market Is Strong
Posted inCoronavirus (2019-nCoV) Economics (Theory and Philosophy) Hiring and Promotion Labor and Jobs Layoffs and Job Reductions Recession and Depression Unemployment United States Economy

Why Low Layoff Numbers Don’t Mean the Labor Market Is Strong

Past economic cycles show that unemployment starts to tick up ahead of a recession, with wide-scale layoffs coming only later.
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Posted by By Ben Casselman

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