Mexican Media Brands
U.S. Economy Grew 1.1% in First Quarter
America’s real gross domestic product increased at an annual rate of 1.1% in the first quarter of 2015, not 0.8% as previously estimated, according to the U.S.
#economics
Share
America’s real gross domestic product increased at an annual rate of 1.1% in the first quarter of 2015, not 0.8% as previously estimated, according to the U.S. Bureau of Economic Analysis.
The country’s economy expanded by 1.4% in the previous quarter. The bureau attributes growth in January-March to increased personal spending, a rise in residential fixed investment and greater spending by state and local governments. Imported decreased, and exports rose faster than previously estimated.
RELATED CONTENT
-
Ford’s $42 Billion Cash Cow
F-Series pickups generate about 30% of the carmaker’s revenue. The tally is about twice as much as what McDonald’s pulls in.
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.
-
On The German Auto Industry
A look at several things that are going on in the German auto industry—from new vehicles to stamping to building electric vehicles.