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Government shutdown weighs on economic growth in Q4
U.S. economic growth slowed in the fourth quarter with government spending posting its biggest decline since 1972 because of last year's shutdown.
Economy’s second quarter went from solid to stellar
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 […]
Maryland ranks 49th among states for growth in GDP
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.
Economy accelerates at 2.5 percent rate in Q1
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 […]
Economy expands at 0.4 percent rate
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 […]
Economy barely grew in Q4, but rebound likely
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 […]
Economists growing more upbeat about year ahead
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 […]
Home Depot sees signs of improving housing market
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. […]
Economists more upbeat about job growth, housing
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 […]
Small business optimism rose in April but is still weak
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 […]
U.S. growth slowed to 2.2 percent in first quarter
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 […]
Economists see more reasons for optimism this year
NEW YORK — Economists are increasingly confident that some pillars of the U.S. economy will improve this year, but they still remain cautious in their expectations on the overall pace […]
