The country's economy grew at an annual rate of 2.6 per cent in the third quarter of 2022 (July-September), taking the US out of a technical recession.
Washington [US], July 28 (ANI): Real gross domestic product (GDP) in the US decreased at an annual rate of 0.9 per cent in the second quarter of 2022 (April-June), marking the second consecutive quarter of degrowth which qualifies for a technical recession.
Washington [US], November 4 (ANI/Sputnik): The deficit in US advance international trade, which accounts for payments done ahead of shipment, rose by 11 per cent to reach a record USD 80.9 billion in September, the Commerce Department announced on Thursday.
Washington [US], October 28 (ANI): The Real gross domestic product (GDP) of the US increased at an annual rate of 2.0 per cent in the third quarter of 2021, according to the "advance" estimate released by the Bureau of Economic Analysis.