Tag: gross domestic product
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...
BEA: R.I. GDP increased at annualized 2.9% in Q3 2018
PROVIDENCE – Rhode Island’s gross domestic product increased at a 2.9 percent seasonally adjusted, annualized rate in the third quarter of 2018, according to...
Forecast: Consumer credit market poised for growth in 2019
PROVIDENCE – Demand for consumer credit is expected to rise next year, while serious payment delinquency rates will likely decline or remain steady, according...
Report: Providence County accounts for majority of GDP in R.I., Washington...
PROVIDENCE – Providence County accounted for more real gross domestic product in Rhode Island than all other counties combined in 2015, according to a...
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...
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...
MassBenchmarks: Mass. GDP grows at annualized 3.3% in Q3
PROVIDENCE – The Massachusetts gross domestic product grew at an estimated annualized 3.3 percent, according to the MassBenchmarks current economic index, released Friday.
The national...
U.S. GDP grows above-forecast 3.5% on consumption, inventories
NEW YORK -The United States economy expanded at a 3.5 percent pace in the third quarter as consumers opened their wallets, businesses restocked inventories...
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...
GDP in Providence metro increases 1.6% in 2017
PROVIDENCE – Real gross domestic product (adjusted for inflation) in the Providence-Warwick-Fall River metropolitan area increased 1.6 percent year over year in 2017. Using...
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