U.S. Economy Grows at 2.1% Annual Pace in Fourth Quarter
The U.S. economy
Washington - QNA
The U.S. economy expanded an annual pace of 2.1 per cent in the October-December period, the federal Bureau of Economic Analysis said Thursday.
The second revision raises the fourth quarter estimate of gross domestic product from initial projections of 1.9-per-cent annualized growth.
Even with the upward revision, which was based on household spending that was higher than first estimated, growth slowed sharply in the fourth quarter when compared to the July-September period, when the annual pace hit 3.5 per cent, the strongest quarter in two years.
Even with the fourth quarter revision, the full-year pace of growth in 2016 remained 1.6 per cent, down from 2.6 per cent in 2015 and the slowest rate since 2011.
Source: QNA
GMT 12:40 2017 Monday ,17 April
US Stocks Close LowerGMT 19:37 2017 Tuesday ,11 April
Wall Street Posts Slight GainGMT 20:17 2017 Friday ,07 April
Wall Street Posts Slight GainGMT 18:55 2017 Thursday ,30 March
U.S. Economy Grows at 2.1% Annual Pace in Fourth QuarterGMT 19:07 2017 Saturday ,25 March
US Stocks Close Mostly LowerRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 18:25 2016 Wednesday ,16 March
Ministry of Foreign Affairs and International Cooperation hails co-operation and partnership ties with EU
GMT 10:04 2019 Monday ,19 August
Live a tense and noisy atmosphere
GMT 08:45 2017 Saturday ,15 April
Foreign Minister Receives WTO Delegation
GMT 17:56 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 million
GMT 08:14 2017 Saturday ,12 August
Belgium's giant omelette festival aims
GMT 13:42 2017 Sunday ,17 December
26 dead from landslides after Philippine storm
GMT 05:32 2017 Saturday ,29 April
Al Faisaliah voted ‘Best Business Hotel in Riyadh’
GMT 15:53 2016 Sunday ,22 May
PEX Report: Index Down at start of week trading
GMT 16:59 2017 Wednesday ,22 March
UAE v Japan: Mahdi Ali has selection headaches ahead of 2018 World Cup qualifier
GMT 12:39 2015 Sunday ,18 October
Surgery made me feel connected to other women
GMT 12:56 2017 Thursday ,23 November
UAE Inaugurates Digital Archaeology Exhibition
GMT 07:27 2019 Tuesday ,20 August
Think of a new strategy and give you a variety of possibilities
GMT 18:56 2014 Tuesday ,15 April
Gambia bans flights from Ebola-hit nations
GMT 04:03 2017 Tuesday ,09 May
’Baahubali 2’ becomes India’s highest-grossing movie
GMT 08:35 2018 Saturday ,20 January
Amazon's indigenous people 'never so threatened': pope
GMT 09:09 2017 Thursday ,21 September
Kagawa leads Dortmund 'fire engine' back
GMT 13:18 2013 Saturday ,13 July
Surya Brasil launches treatments for dyed and damaged hair
GMT 09:22 2017 Sunday ,05 March
UAE insurance snag for electric vehicles over repairs
GMT 13:20 2017 Monday ,14 August
53 ships transit Suez Canal
GMT 22:46 2016 Sunday ,10 April
Strong earthquake hits Afghanistan, Pakistan, India, casualty not reported yet
GMT 14:47 2018 Monday ,19 November
Terrorists’ infiltration attempts towards military posts in Hama Countryside foiled
GMT 11:05 2018 Sunday ,28 October
US builds up arsenals in Europe to deter Russia
GMT 12:50 2018 Wednesday ,19 September
Huawei sees over 100% growth in UAE smartphone sales
GMT 09:43 2017 Saturday ,08 July
Abbas offers condolences to Sisi over victims of Rafah terror attack
GMT 21:06 2017 Wednesday ,26 July
German army helicopter crashes in Mali
GMT 18:26 2017 Wednesday ,08 February
Shoukry due in Jordan to convey Sisi's message to monarch
GMT 04:15 2017 Monday ,08 May
Mercenaries killed in Jawf
GMT 12:31 2015 Sunday ,18 January
INU, the smart, high-end electric scooter
GMT 11:46 2017 Wednesday ,01 March
NBAD given green light to expand euro note programme
GMT 18:30 2016 Tuesday ,06 December
Hilton Worldwide introduces Laureate Jeddah College students to hospitality careers
GMT 14:14 2016 Friday ,23 December
Russia loses sporting events as federations act
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor