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GDP Report
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The U.S. Trade Deficit in December Jumped to The Highest Level
Feb 9, 2015The U.S. trade deficit in December jumped to the highest level in more than two years as exports fell and Americans bought a record amount of imports — a potentially worrisome development that could weigh on overall economic growth. ...
Tags: Trade Deficit
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The US Economic Growth Rate to 4.1% in The Third Quarter
Dec 23, 2013Last Friday, the third quarter GDP report showed that the US economic growth rate to 4.1%. This is mainly thanks to business spending more than expected, and that indicates that the U.S. economy has fundamentally to continue strong ...
Tags: GDP, Economy, Economic Growth Rate
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Australian Dollar Is Slightly Lower After Release of Weaker Than Expected US Economic Data
May 31, 2013The Australian dollar is slightly lower after the release of weaker than expected US economic data. At 7am AEST, the local unit was trading at US96.63c, down from US96.73c yesterday. Since 5pm AEST yesterday, the Aussie traded between ...
Tags: Australian Dollar, GDP Report
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Local Sharemarket Rose to a 4 1/2-Year High Yesterday
Mar 7, 2013The local sharemarket rose to a 4 1/2-year high yesterday as the economic outlook for the US and China brightened and eurozone worries eased, with National Australia Bank spiking higher on reports of a cost-cutting plan. The benchmark ...
Tags: sharemarket, benchmark, shares traded
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Nonresidential Fixed Investment Fell 4.4 Percent in The Third Quarter
Dec 6, 2012Nonresidential fixed investment fell 4.4 percent in the third quarter of this year, according to the U.S. Commerce Department's Gross Domestic Product (GDP) report. This quarter's decline precedes a 0.6 percent increase in the second ...