Tag: gross domestic product
U.S. economy shrank at 4.8% rate last quarter as virus struck
WASHINGTON (AP) – The United States economy shrank at a 4.8% annual rate last quarter as the coronavirus pandemic shut down much of the...
U.S. economy grew at 2.1% rate in Q4 but virus threat...
WASHINGTON (AP) – The United States economy grew at an annual rate of 2.1% in the final quarter of last year, but damage from...
Put a stop to economic growth? Huge mistake
One of the more pernicious ideas now coming into vogue is that societies should voluntarily halt their economic growth. In a recent New Yorker...
R.I. GDP grows at slowest rate in New England in Q3
PROVIDENCE – Rhode Island's gross domestic product in the third quarter increased at an annualized and seasonally adjusted 1.6% in the third quarter, the...
Washington County posts fastest GDP rise in R.I. in 2018
PROVIDENCE – Real gross domestic product in Washington County increased faster than any other county in the state in 2018, rising 5.3% year over...
RIPEC: GDP estimated to have grown at 1.8% yearly rate in...
PROVIDENCE – The Rhode Island gross domestic product was estimated to have expanded at a 1.8% annualized rate in the third quarter of 2019,...
R.I. GDP grows at a 1.5% annual rate in Q2
PROVIDENCE – Rhode Island real gross domestic product increased at a 1.5% annual rate in the second quarter of 2019, seasonally adjusted, according to...
U.S. economy holds up with 1.9% growth on consumer strength
WASHINGTON – A resilient American consumer helped the United States economy expand more than forecast in the third quarter, assuaging concerns for now of...
Manufacturing is now smallest share of U.S. economy in 72 Years
WASHINGTON – Three years after Donald Trump campaigned for president pledging a factory renaissance, the opposite appears to be happening.
Manufacturing made up 11% of...
The misguided war against corporate profits
Sen. Bernie Sanders, I-Vt., relishes the disdain of America’s business elite, proudly displaying on his campaign website his anti-endorsements from corporate titans and their...
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