WASHINGTON — The U.S. economy staged a far bigger rebound last quarter than first thought, outpacing the rest of the developed world and bolstering confidence that it will remain sturdy in coming months despite global headwinds. The economy as measured ...

Tagged with: consumer spending Economy gross domestic product

Increases in the health care, agriculture and information sectors were offset by declines in utilities, government, durable and non-durable goods manufacturing and wholesale trade.

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WASHINGTON — After nearly stalling in late 2012, the American economy quickened its pace early this year despite deep government cutbacks. The strongest consumer spending in two years fueled a 2.5 percent annual growth rate in the January-March quarter. The ...

Tagged with: Business business news Congress consumers Economy gross domestic product growth Taxes Unemployment

WASHINGTON — 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 accelerated in early 2013 despite higher taxes and cuts in government spending. The economy ...

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WASHINGTON — The weakest quarter for the U.S. economy in nearly two years may end up being a temporary lull. Economists think growth has begun to pick up on the strength of a sustained housing recovery and a better job ...

Tagged with: Business business news consumers Economy gross domestic product growth housing Real Estate

NEW YORK — Economists are increasingly, but still cautiously, optimistic about growth in the year ahead with the hiring expected to pick up in coming months. A quarterly survey by the National Association for Business Economists released Monday shows half ...

Tagged with: economists Economy employment gross domestic product growth jobs Recession sales

ATLANTA — The Home Depot Inc. is feeling more optimistic about the recovery of the housing market after customers spent more on sprucing up their homes in the second quarter. The country’s biggest home-improvement retailer said Tuesday that strong cost ...

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NEW YORK — A new survey shows economists are growing slightly more optimistic about recovery in the job and housing markets but expect other pillars of the economy to remain weak. The National Association for Business Economists says in a ...

Tagged with: budget deficit economists Economy gross domestic product growth home construction housing market job market Taxes trade

NEW YORK — Small business owners recovered some of their optimism during April, but they’re still wary about the economy. The National Federation of Independent Business said Tuesday that its index of small business optimism rose 2 points last month, ...

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WASHINGTON — The U.S. economy grew more slowly in the first three months of this year. Governments spent less, and businesses cut back on investment. But consumers spent at the fastest pace in more than a year. The result suggests ...

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