US household purchases rose 4.2% in the second quarter, while the overall economy expanded 1.2%, according to the Commerce Department. Businesses and government agencies reduced spending.
Bloomberg (29 Jul.)
US economy expanded 1.2% in Q2
Breaking News
- [ January 27, 2019 ] The major stock indexes were all up on Friday to mark a fifth straight week of gains Stock Markets
- [ January 26, 2019 ] The British pound moved to its highest level since November 2018 Financial & Economic News
- [ January 25, 2019 ] Ford mixed Q4 results Stock Markets
- [ January 25, 2019 ] China added gold to its foreign reserves Financial & Economic News
- [ January 25, 2019 ] Alto aims to disrupt ridesharing industry and challenge Lyft, and Uber In the Spotlight
- [ January 24, 2019 ] China’s peer-to-peer lending sector is storming Financial & Economic News
- [ January 24, 2019 ] U.S. Federal Reserve is probing Deutsche Bank for potential money laundering Stock Markets
- [ January 24, 2019 ] Chinese companies suspected of buying their own bonds Financial & Economic News
- [ January 24, 2019 ] Bank of Japan held interest rates steady Financial & Economic News
- [ January 24, 2019 ] China expected to become top retail market this year Financial & Economic News
- [ January 24, 2019 ] European Private Equity firms are racing to reach $100bn in AUM Financial & Economic News
- [ January 24, 2019 ] Venture Capitalists are injecting more capital into industrial technologies Financial & Economic News
- [ January 24, 2019 ] Auto-insurance startup Clearcover raises $43M Startups
- [ January 24, 2019 ] Kaia Health receives $10M in series A funding Startups
- [ January 23, 2019 ] US existing-home sales tumble; price increases slow Financial & Economic News
- [ January 23, 2019 ] US bank consolidation will continue Financial & Economic News
- [ January 23, 2019 ] Worries about global economy hurt US stocks Financial & Economic News
- [ January 23, 2019 ] Nestlé Skin Health valued $7 billion by private equity firms In the Spotlight
- [ January 23, 2019 ] The IMF downgraded its global growth forecast Financial & Economic News
- [ January 23, 2019 ] Startups tightening belts as investors grow more selective Financial & Economic News
© Copyright 2016-2019 Tristan Van Iersel - All Rights Reserved.