GDP rose at 2% annual rate in first quarter as U.S. economy rebounds

The AI boom propped up U.S. economic growth in the first quarter, but inflation due to the Iran war is casting a cloud.

Q1 GDP Advance Estimate: Real GDP At 2.0%, Lower Than Expected

Real GDP rose at 2.0% annual rate in Q1, falling short of the 2.2% forecast but marking an acceleration from the 0.5% final ...
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Q4 GDP Second Estimate: Real GDP At 0.7%, Lower Than Expected

Real GDP rose at just a 0.7% annual rate, falling well short of the 1.4% forecast and marking a steep drop-off from the 4.4% final estimate seen in Q3. Current growth is below both the long-term ...

US fourth-quarter GDP growth revised lower to a 0.5% rate

WASHINGTON, April 9 (Reuters) - U.S. economic growth slowed more than previously estimated in the fourth quarter amid downgrades to business investment, including inventory accumulation, but corporate ...

GDP Growth Falls Short of Expectations, But Shows Improvement

The actual GDP growth rate came in at 2.0%, which, while a positive sign of economic expansion, fell short of the anticipated forecast of 2.2%. This discrepancy between the forecast and the actual ...