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28 March 2024
U.S. Economy
U.S. Economy Grew 6.4% Last Quarter
by
MARTIN CRUTSINGER, AP Economics Writer
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Apr 29, 2021
WASHINGTON (AP) — Powered by consumers, the U.S. economy grew at a brisk 6.4% annual rate last quarter — a show of strength fueled by government aid and declining viral cases that could drive further gains...
Jobs Report Shows Optimism for Economy
by
CHRISTOPHER S. RUGABER, AP Economics Writer
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Mar 5, 2021
WASHINGTON (AP) — U.S. employers added a surprisingly robust 379,000 jobs last month in a sign the economy is strengthening as virus cases drop, vaccinations ramp up, Americans spend more and states ease business restrictions. The...
CBO Projects 4.6% Growth in Biden’s First Year
by
JOSH BOAK, AP Economics Writer
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Feb 1, 2021
The Congressional Budget Office expects the U.S. economy will grow at a 4.6% annual rate this year, but with employment not returning to pre-pandemic levels until 2024. The 10-year outlook issued Monday said the economic recovery...
U.S. Economy Shrank 3.5 Percent in 2020
by
MARTIN CRUTSINGER, AP Economics Writer
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Jan 28, 2021
WASHINGTON (AP) — Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in...
Economy Grew at 33% in Third Quarter
by
CHRISTOPHER S. RUGABER, AP Economics Writer
-
Oct 29, 2020
WASHINGTON (AP) — The U.S. economy grew at a record 33.1% annual rate in the July-September quarter but has yet to fully rebound from its plunge in the first half of the year — and the...
U.S. Summer Economic Growth Fading
by
CHRISTOPHER S. RUGABER, AP Economics Writer
-
Oct 28, 2020
WASHINGTON (AP) — Americans may feel whiplashed by a report Thursday on the economy’s growth this summer, when an explosive rebound followed an epic collapse. The government will likely estimate that the economy grew faster on...
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