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US Latino Economic Output Would Rank 5th in World GDP: Report
If U.S. Latinos were an independent country, their gross domestic product would rank fifth in the world. NBC 7’s Melissa Adan has more
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US Latino Economic Output Would Rank 5th in World GDP: Report
If U.S. Latinos were an independent country, their gross domestic product would rank fifth in the world, surpassing those of the United Kingdom, India and France, according to a report released Thursday at the L’ATTITUDE conference hosted in San Diego.
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US Economy Shrank 0.9% Last Quarter, Its 2nd Straight Drop
The decline in the gross domestic product — the broadest gauge of the economy — followed a 1.6% annual drop from January through March.
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Jobless Claims Total 232,000, Slightly Less Than Expected; Q4 GDP Revised Up to 7%
Weekly jobless claims came in slightly less than expected last week and economic growth to end 2021 was slightly better than originally reported.
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After a Huge Year for Growth, the U.S. Economy Is About to Slam Into a Wall
The U.S. economy last year grew at its fastest pace since 1984. Don’t expect a repeat performance in 2022.
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GDP Grew at a 6.9% Pace to Close Out 2021, Stronger Than Expected Despite Omicron Spread
Gross domestic product accelerated at a 6.9% annualized pace in the fourth quarter, well ahead of the 5.5% estimate.
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Here's Why Morgan Stanley Is Cutting Its Forecast for China's First Quarter GDP
The economic costs of China’s zero-Covid policy is increasingly expected to outweigh its benefits, according to investment bank Morgan Stanley.
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Weekly Jobless Claims Post Stunning Decline to 199,000, the Lowest Level Since 1969
Initial jobless claims totaled 199,000 last week, the lowest since 1969, easily beating Dow Jones estimates for 260,000.
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Economic Growth Rate Slows to 2% on a Sharp Slowdown in Consumer Spending
The U.S. economy grew at a 2% rate in the third quarter, its slowest gain of the pandemic-era recovery.
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The Picture Won't Be Pretty for Third-Quarter Economic Growth, But It Should Get Better
When the Commerce Department releases its GDP estimate, it likely will show an increase of just 2.8%.