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U.S. GDP in the fourth quarter was revised down from a 2.6 percent annualized rate to a 2.2 percent annualized rate. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

U.S. Q4 growth pace revised down to 2.2% from 2.6%

NEW YORK - United States economic growth cooled by more than initially reported last quarter on revisions to consumer and government spending, signaling mounting...
UNITED STATES GDP increased at a 2.6 percent annualized rate from October to December. / BLOOMBERG NEWS FILE PHOTO/ALEX FLYNN

U.S. GDP grows at 2.6% pace as business spending accelerates

NEW YORK - The United States economy cooled by less than expected last quarter as business investment picked up, suggesting growth could be stronger...

U.S. can take on a lot more debt

For many years, respected macroeconomists scolded countries that failed to reduce their debt levels. The International Monetary Fund, whose job it is to lend...
UNITED STATES GDP increased an at unrevised 3.5 percent annualized rate in the third quarter. / BLOOMBERG NEWS FILE PHOTO/ALEX FLYNN

U.S. economy grew at unrevised 3.5% pace in Q3

NEW YORK - The United States economy remained on a solid footing in the third quarter, matching previously reported results, as stronger business investment...
RHODE ISLAND GDP increased at a 2.8 percent annualized rate in the second quarter, 1.4 percentage points lower than the annualized national GDP growth rate for the quarter. The Ocean State's GDP growth rate ranked No. 47 in the country. / COURTESY BUREAU OF ECONOMIC ANALYSIS

R.I. 2Q GDP growth rate 4th lowest in nation

PROVIDENCE – Gross domestic product in Rhode Island grew at an annualized rate of 2.8 percent in the second quarter, the fourth-slowest rate in...
UNITED STATES GROSS DOMESTIC PRODUCT increased at an unrevised 4.2 percent annnualized rate in the second quarter of 2018. / BLOOMBERG NEWS FILE PHOTO/TIM RUE

U.S. economy grew at unrevised 4.2% pace in Q2

NEW YORK - The United States economy grew in the second quarter at an unrevised 4.2 percent pace, the fastest since late 2014, indicating a...
UNITED STATES gross domestic product grew at a 4.2% annualized rate, a slightly faster pace than previously estimated on revisions to imports and software spending. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

U.S. second-quarter growth revised up to 4.2% on software, trade

NEW YORK - The United States economy expanded in the second quarter at a slightly faster pace than previously estimated on revisions to imports and...
MASSACHUSETTS GDP increased at a 7.3 percent annualized rate in the second quarter of 2018. / COURTESY MASSBENCHMARKS

MassBenchmarks: Mass. GDP jumped 7.3% in Q2

PROVIDENCE – Massachusetts gross domestic product increased at a 7.3 percent annualized rate in the second quarter, according to the University of Massachusetts publication...

Job, economy growth in R.I. are good signs

Two recent economic reports would seem to indicate that Rhode Island is moving in a positive direction.The state’s monthly jobs report for June said...
UNITED STATES GDP in the first quarter grew at a 2.2 percent annualized rate, adjusted down from a previously estimated 2.3 percent rate. / BLOOMBERG

U.S. Q1 growth revised down to 2.2% on inventories

NEW YORK - The United States economy grew in the first quarter at a slightly slower pace than previously estimated, while tax cuts gave...
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