GDP report could show solid fourth-quarter growth but still signal a recession is coming, economists say
Economic growth is expected to have slowed slightly in the fourth quarter, but was still solid, driven by a strong consumer.
| Date: | Jan. 25, 2023 4:21 PM ET |
| Link: | Read more at CNBC |
| Source: | US Top News and Analysis - cnbc.com |
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GDP Report Shows Economic Growth Cooled Slightly in Fourth Quarter
U.S. economic growth cooled slightly to a 2.9% annual rate in the fourth quarter, capping a year of high inflation and rising interest rates.
Jan. 26, 2023 - WSJ.com: US Business - Business -
U.S. GDP rose 2.9% in the fourth quarter, more than expected even as recession fears loom
Gross domestic product was expected to rise 2.8% at an annualized pace in the fourth quarter, according to Dow Jones estimates.
Jan. 26, 2023 - US Top News and Analysis - Business -
U.S. growth domestic product shows strong growth in fourth quarter of 2022
The nation's GDP exceeded expectations at the end of 2022, rising 2.9% in the fourth quarter of the year. The rise came despite high interest rates and looming fears of a recession.
Jan. 26, 2023 - Home - CBSNews.com - Top stories -
JPMorgan tops estimates for fourth-quarter revenue, but says mild recession is now 'central case’
JPMorgan, the biggest U.S. bank by assets, now expects a recession as its most likely scenario.
Jan. 13, 2023 - US Top News and Analysis - Business -
Economic growth remains solid, shrugging off recession fears
U.S. economy grew at 2.9% rate in last three months of year despite pressure of high rates and fears of recession.
Jan. 26, 2023 - Home - CBSNews.com - Top stories -
Economic Report: U.S. economy ended 2022 on solid footing, GDP to show. But a recession might loom.
The U.S. might be headed for a recession this year, but it would be hard to tell based on the economy's solid performance at the end of 2022
Jan. 25, 2023 - MarketWatch.com - Top Stories - Business -
Danaher's stock drop looks like a buying opportunity after it reported a solid quarter
We attribute Tuesday's 3% decline in DHR to management already preannouncing and shares making a large move into the print.
Jan. 24, 2023 - US Top News and Analysis - Business -
Major tech companies expected to release fourth-quarter earnings reports after tough year
Major tech companies are expected to release fourth-quarter earnings reports in the coming weeks.
Jan. 9, 2023 - Home - CBSNews.com - Top stories -
China reports 3% GDP growth for 2022 as December retail sales, industrial production beat estimates
China's GDP for 2022 was expected to have grown by its slowest since 2020, the year the pandemic began.
Jan. 16, 2023 - US Top News and Analysis - Business - China -
Will US growth have slowed in the fourth quarter of 2022?
Market Questions is the FT’s guide to the week ahead
Jan. 22, 2023 - World - World -
Dow Jones Newswires: Singapore’s economic growth slows in fourth quarter
Singapore's economy grew at a slower pace in the fourth quarter of 2022, mainly due to a contraction in the manufacturing sector.
Jan. 2, 2023 - MarketWatch.com - Top Stories - Business -
Economic Report: A recession is coming, economists say. Some even think it’s already here
More than half of the nation's business economists think the U.S. will sink into recession in the next year, with manufacturers fearing the worst.
Jan. 23, 2023 - MarketWatch.com - Top Stories - Business -
The Ratings Game: T-Mobile shares gain after ‘solid’ subscriber numbers offer upbeat industry signal
Shares of T-Mobile US Inc. were headed higher in Thursday trading after the telecommunications company provided subscriber metrics for its latest quarter.
Jan. 5, 2023 - MarketWatch.com - Top Stories - Business -
There's a 61% chance of recession this year, economists say—what that means for your money
A short, shallow recession may already be baked into stock prices, experts say. A deeper recession likely isn't.
Jan. 23, 2023 - US Top News and Analysis - Business -
Bond Report: Treasury yields dip to four-month lows as recession fears build
Benchmark Treasury yields were hovering at their lowest since mid September as fears mount the U.S. is sliding into recession.
Jan. 19, 2023 - MarketWatch.com - Top Stories - Business -
What economists are saying about the chances of a recession
Despite signs of inflation easing up, many economists are still expecting the U.S. to fall into a recession.
Jan. 16, 2023 - Home - CBSNews.com - Top stories -
UK faces worst and longest recession in G7, say economists
FT’s annual survey predicts a continuing cost of living squeeze and soaring borrowing costs in 2023
Jan. 2, 2023 - UK homepage - Business - United Kingdom -
Key Words: Verizon CEO says company saw ‘positive’ subscriber growth in its latest quarter
After three quarters of subscriber declines in a key portion of its business, Verizon Communications Inc. broke from that pattern.
Jan. 4, 2023 - MarketWatch.com - Top Stories - Business -
American Airlines beats fourth-quarter profit expectations as higher fares buoy revenue
As it heads into its first quarter of 2023, the airline expects capacity to be 8% to 10% higher than the first quarter of 2022.
Jan. 26, 2023 - US Top News and Analysis - Business - Travel -
Hobbled Patrick Mahomes throws second touchdown pass after epic fourth-quarter drive
A hobbled Patrick Mahomes threw his second touchdown pass of the game to help Kansas City get closer to a Divisional Playoff win.
Jan. 21, 2023 - www.espn.com - TOP - Sports -
Alcoa Fourth-Quarter Revenue Declines 20% on Lower Aluminum Prices
The aluminum maker reports challenging market conditions, higher production costs.
Jan. 18, 2023 - WSJ.com: US Business - Business -
Citigroup's fourth-quarter profit declines by 21% as bank sets aside more money for credit losses
Citigroup reported fourth-quarter earnings on Friday. Here's how they did.
Jan. 13, 2023 - US Top News and Analysis - Business -
MarketWatch First Take: Wendy’s stock climbs on upbeat fourth-quarter guidance, dividend hike
The fast-food company reported preliminary fourth-quarter results early Friday.
Jan. 13, 2023 - MarketWatch.com - Top Stories - Business -
Shell to take $2 billion fourth-quarter tax hit after new EU, UK levies
Oil and gas major Shell said Friday it expects to take a hit of $2 billion for the fourth quarter from "recently announced additional taxes" in the EU and U.K.
Jan. 6, 2023 - US Top News and Analysis - Business - United Kingdom -
The Wall Street Journal: Samsung forecasts big slump in fourth-quarter profit as tech demand wanes
The South Korean tech giant on Friday forecast its operating profit in the quarter ending Dec. 31 to drop by 69% from the prior year to 4.3 trillion won, the rough equivalent of $3.4 billion.
Jan. 5, 2023 - MarketWatch.com - Top Stories - Business