Real GDP growth was revised up to 1.4 percent at an annual rate in the fourth quarter, reflecting both solid domestic demand and continued external headwinds.
Real GDP growth was revised up to 1.0 percent at an annual rate in the fourth quarter, reflecting solid domestic demand, external headwinds, and some temporary factors.
The ERP reviews the U.S. economy’s substantial progress and outlines key areas of focus that will ensure long-term growth is robust, sustainable, and shared.
February 22, 2016 at 11:00 AM ET by Jason Furman, Sandra Black and Jay Shambaugh
In January, the unemployment rate fell below 5 percent for the first time in eight years as the longest streak of private-sector job growth on record continued.
Real GDP rose 0.7 percent at an annual rate in the fourth quarter according to the advance estimate, partially reflecting global headwinds as job growth remains strong.
Real GDP rose 2.0 percent at an annual rate in the third quarter according to the latest estimate, reflecting strong domestic demand and continued external headwinds.
Real GDP rose 2.1 percent at an annual rate in the third quarter after today’s upward revision, reflecting strong domestic demand and continued external headwinds.
Throughout the country, America is seeing a resurgence in its manufacturing industry, once again, firms are growing and Americans are heading back to work.
Real GDP rose 1.5 percent at an annual rate in the third quarter, reflecting strong domestic demand, external headwinds, and volatile transitory factors.
This is the time to turn America’s increased competitiveness for manufacturing into a lasting advantage through smart, strategic investments that build on our strengths.
Seven years after the financial crisis, check out these five charts to see how President Obama's policy decisions helped America narrowly avoid another Great Depression.