Third-quarter data showed the U.S. economy grew at an average pace for the economic expansion, with signs of weakening in manufacturing.
The U.S. economy wrapped up 2019 with a batch of generally promising data as U.S-China trade tensions died down.
October economic data pointed to a slowing – but still growing – U.S. economy.
Continued economic growth and Fed rate cuts helped support stocks amid ongoing trade uncertainty.
Economic data improves in September.
U.S. economic data was mixed in August, reflecting the complicated macro economic environment in the midst of high trade uncertainty.
Gross domestic product (GDP) increased 2.1% in the second quarter, bolstered by consumer spending’s 2.9% contribution to growth.
Stocks Rise, Rates Fall as Investors Position for Lower Rates
U.S. economic data moderated in June as trade tensions plagued the global economy.
U.S. economic data improved in May on balance, even as investors battled a resurgence in U.S.-China trade tensions.