tag US economic growth

U.S. consumer spending, housing data bolster economic outlook

EghtesadOnline: U.S. consumer spending accelerated in December as households bought motor vehicles and cold weather boosted demand for utilities amid a rise in wages, pointing to sustained domestic demand that could spur economic growth in early 2017.
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Publish Date:31/January/2017 | 05:26

Weak exports curb U.S. fourth-quarter economic growth

EghtesadOnline: U.S. economic growth slowed sharply in the fourth quarter as a plunge in shipments of soybeans weighed on exports, but steady consumer spending and rising business investment suggested the economy would continue to expand.
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Publish Date:27/January/2017 | 16:33

BOJ Kuroda: Steady U.S. growth may push up rates, dollar

EghtesadOnline: Bank of Japan Governor Haruhiko Kuroda said on Friday U.S. economic growth and inflation may accelerate in coming years, which may push up interest rates and the value of the dollar.
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Publish Date:20/January/2017 | 15:15

Trump tax reforms could depend on little-known 'scoring' panel

EghtesadOnline: President-elect Donald Trump's goal of overhauling the U.S. tax code in 2017 will depend partly on the work of an obscure congressional committee tasked with estimating how much future economic growth will result from tax cuts.
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Publish Date:30/December/2016 | 06:23

U.S. Economic Growth Rebounds on Inventory, Export Boost

EghtesadOnline: U.S. economic growth picked up in the third quarter after an uninspiring first half of the year as a build in inventories and a soybean-related jump in exports helped cushion softer household spending.
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Publish Date:30/October/2016 | 07:43

U.S. spending, factory data point to moderate economic growth

EghtesadOnline: A gauge of U.S. factory activity slid from a near three-year high in July amid a slowdown in new orders and consumer spending barely rose in the prior month, setting the stage for a moderate economic expansion in the third quarter.
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Publish Date:02/August/2017 | 05:07

Asia Shares Slump Before Data, Summit; Yen Climbs

EghtesadOnline: Asian equities slipped as investors awaited more clues on U.S. interest rates and economic growth, ahead of a meeting between Donald Trump and China’s Xi Jinping. Stocks in Shanghai rallied and the yen strengthened.
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Publish Date:05/April/2017 | 05:08

Strong U.S. job growth, rising wages set stage for Fed rate hike

EghtesadOnline: U.S. employers hired workers at a robust pace in February, beating expectations, and wages grinded higher, which could give the Federal Reserve the green light to raise interest rates next week despite slowing economic growth.
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Publish Date:11/March/2017 | 24:25

Dollar, U.S. Futures Hold Gains After Trump Speaks

EghtesadOnline: Dollar and equity bulls were largely unscathed by Donald Trump’s address to Congress, which provided few new details on his economic strategy amid increasing optimism on U.S. growth.
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Publish Date:01/March/2017 | 05:23

U.S. economy slows on wider trade gap; business spending rises

EghtesadOnline: U.S. economic growth slowed sharply in the fourth quarter as a plunge in shipments of soybeans weighed on exports, but steady consumer spending and rising business investment pointed to sustained strength in domestic demand.
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Publish Date:29/January/2017 | 05:26

U.S. GDP Growth Cools on Trade Drag; Business Outlays Rise

EghtesadOnline: U.S. economic growth slowed more than forecast last quarter on the biggest drag from trade in six years and more moderate consumer spending. Business investment picked up, which may be a harbinger for faster expansion in 2017.
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Publish Date:27/January/2017 | 16:06

Trump Seeks 4% Annual GDP Growth, High End of Prior Goals

EghtesadOnline: President-elect Donald Trump’s policies aim to achieve annual economic growth of 4 percent, the high end of previous goals set by him and his team, according to the White House website updated as he took the oath of office on Friday.
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Publish Date:21/January/2017 | 04:43

U.S. Economic Growth Revised Up to 3.5% Pace in Third Quarte

EghtesadOnline: The U.S. economy expanded more than previously reported last quarter on bigger contributions from a range of factors including services spending, intellectual property and construction by state and local governments.
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Publish Date:24/December/2016 | 14:00

Asian Equities Gain as Dow Hits Record, Oil Climbs: Markets Wrap

EghtesadOnline: Asian stocks followed advances in U.S. and European equities as the prospects of faster U.S. economic growth propelled markets toward the close of a turmoil-filled year. Oil extended its advance and the yen climbed.
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Publish Date:21/December/2016 | 06:31

Treasury Rout Sends Yields to 10-Month High as Volatility Surges

EghtesadOnline: The global bond rout intensified Monday, with a gauge of Treasuries volatility surging to the highest since February, on expectations that President-elect Donald Trump will increase government spending to boost economic growth and stoke inflation.
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Publish Date:15/November/2016 | 07:52

Americans blame Washington gridlock for slow economic growth: study

EghtesadOnline: Americans blame political gridlock in Washington for the country's declining economic competitiveness and hold both Democrats and Republicans responsible, a Harvard Business School study released on Wednesday found.
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Publish Date:15/September/2016 | 07:58