Search For "us gross domestic product contracted"
US GDP falls for second-straight quarter, signs of a possible recession
Updated : 4 years ago IST
Washington [US], July 28 (ANI): US Gross Domestic Product contracted by 0.9 per cent in the second quarter of this year after a first-quarter drop of 1.6 per cent, the US Commerce Department said Thursday in a preliminary estimate that technically placed the economy in a possible recession.
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US trade deficit jumps to record high amid Russia-Ukraine war
Updated : 4 years, 3 months ago IST
Washington [US], April 28 (ANI): US Gross Domestic Product contracted by 1.4% in the first quarter of this year, the Commerce Department said Thursday in a preliminary estimate for the period which compared with a growth of 6.9% in the fourth quarter of 2021.
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