The busy week of economic data picks up steam on Tuesday. A third quarter GDP revisions and much-anticipated consumer confidence reading will headline the morning. On Monday, US stocks ended a ...
Sevens Report Research Founder Tom Essaye joins Yahoo Finance Live to discuss GDP growth, the market’s reaction to the report, consumer spending, the slump in business investment, investor sentiment, ...
Canada’s GDP came roaring back in the first quarter with consumers doing much of the heavy lifting. Statistics Canada reported on May 31 that gross domestic product rebounded 3.1 per cent annualized ...
U.S. GDP shrank 0.5% in Q1 2025, reversing Q4 growth, driven by rising imports and slowing consumer spending. Consumer spending was revised lower, contributing to a 1.9% rise in final sales—down from ...
Strong consumer spending, despite tariffs, was a key driver. The U.S. economy rebounded in the second quarter, with the gross domestic product (GDP) growing by 3.0%, according to the U.S. Bureau of ...
US consumer spending grew in the first quarter at the weakest pace since the onset of the pandemic on a sharp deceleration in outlays for a variety of services. Spending on services contributed 0.3 ...
An uptick in consumer spending has likely softened the decline in GDP in the first quarter, suggesting that the worst of the recession may already be over, many economists say. Consensus is for a 5.0% ...
Canada's economy expanded 0.3 per cent in May, after remaining essentially unchanged in the previous month, Statistics Canada reported Tuesday. Significant increases in retail and wholesale trade ...
The Federal Reserve cut interest rates last week because of fresh worries about the jobs market, but the broader U.S. economy still appears to be in pretty good shape thanks to American consumers.
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