Arab Today, arab today us gdp falls at 1 annual pace in q1 2014
Last Updated : GMT 15:35:29
Arab Today, arab today
Arab Today, arab today

US GDP falls at 1% annual pace in Q1 2014

Arab Today, arab today

Arab Today, arab today US GDP falls at 1% annual pace in Q1 2014

US GDP falls at 1% annual pace in Q1 2014
Washington - KUNA

Gross domestic product (GDP), the broadest measure of U.S. economic growth, fell at a one percent annual pace during the first quarter of this year, according to revised data released on Thursday by the Bureau of Economic Analysis.
The data, which marked the first such downturn since early 2011, follows an increase of a 3.4 percent annual pace in the second half of 2013.
"Today's GDP revision was due almost entirely to a downward revision to the highly volatile inventories category, with small upward revisions to consumer spending and business fixed investment being offset by small downward revisions to net exports and state and local purchases," said Jason Furman, chairman of the Council of Economic Advisers.
Overall, the first quarter was subject to a number of notable influences, including historically severe winter weather, which temporarily lowered growth, Furman said in a statement released at the White House.
A range of more up-to-date data from March and April, including jobs, manufacturing, housing and other indicators, provide a more accurate and timely picture of where the economy is today and show that it continues to recover from the worst recession since the Great Depression, he noted. President Barack Obama "will do everything he can either by acting through executive action or by working with Congress to push for steps that would raise growth and accelerate job creation," Furman added.

arabstoday
arabstoday

GMT 14:52 2017 Thursday ,19 October

South Korea raises growth outlook

GMT 14:43 2017 Thursday ,19 October

China's economic growth slows in Q3

GMT 13:30 2017 Thursday ,19 October

NAFTA talks deadlock: the main sticking points

GMT 13:24 2017 Thursday ,19 October

Cognac craze in US, China prompts Hennessy expansion

GMT 12:30 2017 Thursday ,19 October

Swiss 'tax spy' ready to confess in German trial

GMT 12:24 2017 Thursday ,19 October

Juice bottler Refresco in talks with French investor

GMT 22:28 2017 Wednesday ,18 October

Bahrain signs $3.8bn deal for F-16 jets
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us gdp falls at 1 annual pace in q1 2014 Arab Today, arab today us gdp falls at 1 annual pace in q1 2014

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us gdp falls at 1 annual pace in q1 2014 Arab Today, arab today us gdp falls at 1 annual pace in q1 2014

 



Arab Today, arab today
Arab Today, arab today Arab tradition glitters in Colombia

GMT 12:59 2017 Thursday ,19 October

Arab tradition glitters in Colombia
Arab Today, arab today Second US judge orders freeze

GMT 08:04 2017 Thursday ,19 October

Second US judge orders freeze
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Writing's on the wall for Trump, Zuckerberg

GMT 09:05 2017 Thursday ,19 October

Writing's on the wall for Trump, Zuckerberg
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Climate-disrupting volcanoes helped topple

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Hussein Fahmy happy for honoring in festival

GMT 07:47 2017 Tuesday ,17 October

Hussein Fahmy happy for honoring in festival
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 18:29 2017 Sunday ,03 September

Designer produced new set of ornaments

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 23:42 2017 Monday ,16 October

Better Marriages Make

GMT 06:52 2017 Monday ,16 October

Airbus CEO says won't cling to job

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 19:29 2017 Tuesday ,29 August

Yomna: decoration leaved positive effects
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday