Stock market analytics, financial forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

US GDP growth revised up to 2.1%


November, 27 2019
watermark Economic news

According to the press release from the US Department of Commerce, the US economy grew at a 2.1% annual pace in the III quarter, which exceeded forecasts. Analysts expected to maintain the indicator at the level of the first estimate of 1.9%.


In the first quarter of 2019, the American GDP growth in annual terms amounted to 3.1%, in the second – 2%. In the 2018 the figures were the following: in the first quarter the growth was 2.5%, in the second quarter – 3.5%, in the third – 2.9%, in the fourth – 1.1%.


Economists believe that economic growth was caused by a stronger pace of inventory accumulation and a less steep decline in business investment.


Feedback

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.