Items Tagged with 'Economic growth'

ARTICLES

  • U.S. economy smashes record for longest expansion

    The caveat: the longest expansion has also been the smallest
    America’s economic expansion is now the longest on record after celebrating its 10th birthday on July 1. There’s a caveat: it has also been slowest and the smallest. Skeptics point to the tax-cut boost as being a sugar rush that mainly benefited the nation’s corporations and its wealthiest citizens. There are signs the buzz is wearing off.
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  • Amazon's home ranks as best state economy in WalletHub study, Alaska is worst

    Utah is second, followed by Massachusetts and California
    Washington ranked as the best state economy for 2019, followed by Utah, Massachusetts and California, according to a WalletHub study. Alaska had the worst economy, followed by Louisiana, Mississippi, Hawaii and West Virginia. "U.S. economic growth depends heavily on the performance of individual states, but some contribute more than others," the report stated.
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  • Should Americans prepare for 5% GDP growth in Q3?

    One early predictor says yes
    President Donald Trump made a campaign promise to make 4% gross domestic product growth a reality in the U.S. After hitting the 4% mark in the second quarter, can Americans expect to see growth as high as 5% in the third quarter? One forecast says yes.
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  • Fed still expected to raise rates after criticism from Trump

    Market looking for 2 more increases in 2018
    Despite recent criticism of the rising interest rate environment, the Federal Reserve is still expected to raise rates twice more in 2018. And while the Fed is unlikely to raise interest rates during its July meeting, experts explain it is still on track for two more rate hikes in 2018.
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  • Is the housing market standing on shaky ground?

    This red flag could signal growth slow down
    While most experts agree the housing market is on solid ground, some are beginning to question red flags that are beginning to arise, possibly showing a slowdown in growth. Now, one expert wonders if the current growth in housing and the economy is sustainable headed into the second half of 2018.
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  • U.S. inflation hits 6-year high

    Annual growth hits Fed’s 2% target
    After coming up short for more than half a decade, inflation in the U.S. is back on track. Indicators show inflation rose 2% in May, meeting the Federal Reserve's ideal target for strong, sustainable growth.
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  • Construction sees most growth since first quarter of 2016

    Could signal relief to inventory-starved market
    Construction growth saw a surge in the fourth quarter of 2017 to the highest level since the beginning of 2016. Even as the number of new homes constructed continues to struggle, the increasing GDP within the construction industry gives hope that new home construction will soon see a surge.
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  • Goldman Sachs: Fed to raise rates once a quarter until 2019

    Federal funds to hit 3.25% to 3.5% by end of next year
    The Federal Reserve elected to increase interest rates during its March meeting for the first time in 2018, but it’s far from done raising rates for the year, or so says a note Goldman Sachs sent to clients. In fact, the Fed could raise rates as quickly as once per quarter.
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