Analysis of the US economy in Q3 2024, with GDP growth at 2.7% and the Fed maintaining policy stance. Explore more details ...

Consumers splurged on goods in particular, but also on services, and moved the GDP needle. Real GDP grew 2.8% annualized in Q3 from Q2, well above the 15-yr pre-pandemic average of 2.0%.

The GBP/USD currency pair suffered losses last week, reaching a support level of 1.2834, the lowest for the pair in nearly ...

According to the analysis the increased in oil production compared to the previous year ensures that annual growth in the third quarter is accelerating compared to the second. Saudi real GDP grew by 2 ...

Consumer spending contributed 2.5 percentage points to topline Q3 growth of 2.8% annualized. According to a separate report from the New York Fed, well-heeled millennials are driving consumer spending ...

What exactly has led to strong GDP growth in Q3-2024 ... lower compared to the third quarter of the previous year 2023, when it was above the 5% mark. Finally, let us look at the last two rows ...

The Bank of England's Monetary Policy Committee has posted a 90-page report outlining its musings on the future for inflation and the economy.

The oil market remains uncertain and shows bearish pressure, while natural gas prices are breaking through the resistance ...

The last US gross domestic product numbers to be released before the election, out last week, put inflation-adjusted growth since Joe Biden took office at annual rate of just more than 3% ...

Consumer spending remained robust, contributing heavily to economic growth. Retail sales beat expectations in each month of third quarter, painting a picture of resilient consumer demand.