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    GDP

    NPR
    The Coronavirus Crisis
    The U.S. economy slowed sharply in the last three months of the year from the previous quarter as the pandemic made a resurgence and businesses had to close.
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    U.S. Economy Slows Sharply As Pandemic Resurges

    Jan 28, 2021
    The Commerce Department says the U.S. economy grew just 1% in the last three months of the year, as a rise in coronavirus infections weighed on in-person businesses like restaurants.
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    NPR
    The Coronavirus Crisis
    A sign noting a retail space is available for lease appears in San Francisco in December. A resurgence in the pandemic likely dealt a major blow to the U.S. economy in the fourth quarter.
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    Down But Not Out: Pandemic Likely Dealt Blow To Economy, But There's Room For Hope

    Jan 27, 2021
    The U.S. economy is likely to have slowed in the last three months of the year, ending 2020 smaller than it began. But for some companies, business is now back to pre-pandemic levels.
    NPR
    The Coronavirus Crisis
    Signs in the window of a retail store offers discounts, and jobs, in Santa Monica, Calif. U.S. GDP grew at a record-setting rate, reflecting pent-up activity after the coronavirus lockdowns, but economists warn of trouble ahead.
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    U.S. Economy Grows At Record Pace But Still Has A Long Way To Go

    Oct 29, 2020
    U.S. GDP grew at a record 33.1% annualized pace in the third quarter, erasing some but not all of the damage done by the coronavirus recession.
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    NPR
    The Coronavirus Crisis
    A store advertises discounts in Santa Monica, Calif., on July 28 amid the coronavirus pandemic. Economic growth data on Thursday are expected to show a record-setting figure for the third quarter, but that covers the more worrisome picture underneath the
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    Last Report Card On U.S. Economy Before Elections Will Be A Blockbuster

    Oct 28, 2020
    The U.S. is expected to report record-setting economic growth in the most recent quarter. But that won't repair all of the damage done during the spectacular downturn three months earlier.
    NPR
    Coronavirus Live Updates
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    3 Months Of Hell: U.S. Economy Drops 32.9%, In Worst GDP Report Ever

    Jul 30, 2020
    The coronavirus triggered the sharpest economic contraction in modern history in the second quarter as the pandemic hammered the economy, the Commerce Department said Thursday.
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    NPR
    Coronavirus Live Updates
    Boxes of food are loaded on vehicles last month at the Los Angeles Regional Food Bank. The country has officially entered a recession amid the pandemic, the National Bureau of Economic Research said Monday.
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    It's Official: U.S. Economy Is In A Recession

    Jun 08, 2020
    The committee tasked with marking U.S. business cycles says the economy peaked in February and has since been in a recession triggered by the pandemic. But it says the recession could be short-lived.
    NPR
    Coronavirus Live Updates
    The U.S. economy shrank in the first quarter, as the coronavirus lockdown began. The April-to-June quarter is expected to be worse.
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    'Tip Of The Iceberg': Economy Shrinks At 4.8% Pace, But Worst Is Yet To Come

    Apr 29, 2020
    The economy contracted in the first quarter of 2020 as the coronavirus began to take its toll and spending dived. It's the first quarterly drop in six years and a likely precursor to a deep recession.
    NPR
    Coronavirus Live Updates
    An employee wears a facemask as he works at a blower and fan manufacturing plant in Anshan in northeastern China's Liaoning province, in a photo released by Xinhua on Wednesday.
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    China's Economy Retreats, With Pandemic Causing Biggest GDP Drop In Decades

    Apr 16, 2020
    China's economy contracted by 6.8% in the first three months of 2020 from the same period a year ago — its biggest drop since 1992.
    NPR
    Coronavirus Live Updates
    As efforts to slow the coronavirus pandemic temporarily put millions of Americans out of work, forecasters are predicting a record slowdown in the U.S. economy.
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    Economy On Lockdown: Jobless Rate Could Be Highest Since WWII

    Mar 31, 2020
    As efforts to slow the coronavirus pandemic temporarily put millions of Americans out of work, forecasters are predicting a record slowdown in the U.S. economy.
    NPR
    Economy
    Consumer spending continues to be a main driver of economic growth, although consumers were a little more cautious in the final months of 2019.
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    U.S. Economic Growth Slowed In 2019 To 2.3%

    Jan 30, 2020
    The Commerce Department says the U.S. economy grew 2.3% last year. That's slower than the previous year and well below the Trump administration's forecast.
    NPR
    Planet Money
    The Nobel Prize-winning economist Angus Deaton was recently one of the speakers at a panel, "Beyond GDP."
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    Moving Beyond GDP

    Jan 14, 2020
    After 75 years, the U.S. Bureau of Economic Analysis is developing alternative measures of economic well-being.
    NPR
    Economy

    Fed Cuts Rates Again To Boost A Slowing Economy

    Oct 30, 2019
    The Federal Reserve cut interest rates by a quarter percentage point Wednesday, in an effort to support an economy that continues to tap the brakes. Economic growth in the third quarter was just 1.9%.
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    NPR
    Economy
    GDP numbers out Wednesday show the U.S. economy lost some steam in the third quarter. President Trump is banking on a strong economy as his ticket to a second term.
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    As Growth Slows To 1.9%, The Economy Is Falling Short Of Trump's Target

    Oct 30, 2019
    GDP numbers out Wednesday show the U.S. economy lost some steam in the third quarter. President Trump is banking on a strong economy as his ticket to a second term.
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    NPR
    Economy
    Shoppers wait in line at a Target store in Newport, Ky., on Nov. 29, 2018. Strong consumer spending boosted analysts' economic growth forecasts for the first quarter of 2019.
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    U.S. Economy Powers Ahead In First Quarter: 3.2% Growth

    Apr 26, 2019

    The Commerce Department says the U.S. economy picked up steam in the first three months of the year. GDP grew at an annual rate of 3.2% in the first quarter, up from 2.2% at the end of 2018,

    NPR
    Economy
    A Boeing employee works on the fuselage of a 737 Max 9 test plane at the company's factory in Renton, Wash., on March 14. Orders for durable goods jumped 2.7% last month, fueled in part by strong demand for commercial aircraft.
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    Aircraft Orders Jump, But Boeing 737 Max Grounding Could Trim U.S. Growth

    Apr 25, 2019
    The grounding of Boeing's 737 Max aircraft could pinch the economy, some analysts say. But the government reported that aircraft orders were strong enough last month to lift a key indicator.
    NPR
    Economy
    The U.S. economy grew more slowly at the end of 2018 than initially thought. The revised numbers suggest somewhat lower spending by consumers.
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    Say It One More Time: The Economy Is Slowing

    Mar 28, 2019
    The U.S. economy grew more slowly at the end of 2018 than initially thought. "GDP growth is slowing from unsustainable rates," one economist says. The slowdown is expected to continue this year.
    NPR
    Economy
    The U.S. economy grew 2.9 percent last year, just missing President Trump's 3-percent target.
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    U.S. Economy Grew 2.9 Percent In 2018, Just Below Trump's Target

    Feb 28, 2019
    The U.S. economy expanded at a solid 2.6 percent rate during the last three months of 2018, but growth was significantly lower than it had been earlier in the year as the boost from tax cuts waned.
    NPR
    Economy
    A sign at the entrance of the Smithsonian National Museum of Natural History in Washington, D.C., says the museum will reopen Tuesday. The shutdown reduced federal spending by $18 billion, although most of that will be recouped now that the government ha
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    Government Shutdown Cut Into Economic Growth, CBO Says

    Jan 28, 2019
    A report says the shutdown reduced federal spending by $18 billion, although most of that will be recouped now that the government has reopened.
    NPR
    Economy
    A Ford F-150 pickup is assembled at a plant in Dearborn, Mich., on Sept. 27. The economy expanded at a 3.5 percent rate in the third quarter.
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    U.S. Economy Grew At A 3.5 Percent Rate In 3rd Quarter

    Oct 26, 2018
    That's slower than the second quarter's blockbuster 4.2 percent but puts the economy on pace for the fastest annual growth in 13 years.
    NPR
    Economy
    Speaking at the White House, President Trump called Friday's report of 4.1 percent economic growth in the second quarter "amazing."
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    U.S. Economy Surges To A 4.1 Percent Growth Pace In 2nd Quarter

    Jul 27, 2018

    A key measure of the economy's health showed a dramatic pickup, which President Trump called "amazing." But some analysts doubt the higher growth rate will last.

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    NPR
    Economy
    Workers weld drawers on the assembly line at the Metal Box International toolbox factory in Franklin Park, Ill. Many analysts estimate that U.S. economic growth picked up in the second quarter.
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    How Fast Did The Economy Grow? Forecasts Are All Over The Place

    Jul 26, 2018
    President Trump is eager to tout a fast-growing economy, boosted by the tax cuts he pushed through Congress. That makes Friday's report on gross domestic product a highly anticipated news event.
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    NPR
    The Two-Way
    Analysts expected consumer spending growth to slow in the first quarter, curbing overall economic growth.
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    U.S. Economic Growth Slowed To 2.3 Percent

    Apr 27, 2018

    Consumers didn't keep up with the blistering pace of spending, which meant slower economic growth. But recently, growth has tended to pick up momentum later in the year.

    NPR
    The Two-Way
    A shopper makes a purchase at the J.C. Penney store in North Riverside, Ill., Nov. 17. U.S. consumer spending grew in the fourth quarter at its fastest pace in three years.
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    U.S. Economy Grew At A Faster Pace Than Earlier Thought

    Mar 28, 2018
    The Commerce Department revises its growth estimate upward to 2.9 percent for the fourth quarter. Consumer spending helped fuel the faster pace, but import purchases subtracted from growth.
    NPR
    The Two-Way

    U.S. GDP Beats Expectations, Growing At 3 Percent

    Oct 27, 2017
    Before catastrophic hurricanes hit the U.S., economists had been expecting an even stronger showing for the third quarter.
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    NPR
    Economy
    Cars on a dealer lot in Pittsburgh. Consumer spending helped drive economic growth in the 2nd quarter to more than double first quarter GDP.
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    U.S. Economy Grew At 2.6 Percent In Second Quarter

    Jul 28, 2017
    The economy staged a comeback from a tepid first quarter, but still fell short of the turbo-charged 3 percent growth rate promised by the Trump administration.

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