Mexican Media Brands
U.S. Economy Grew 1.2% in First Quarter
The American economy expanded at an annualized 1.2% in January-March, according to an updated estimate from the U.S. Dept. of Commerce’s Bureau of Economic Analysis.
#economics
Share
The American economy expanded at an annualized 1.2% in January-March, according to an updated estimate from the U.S. Dept. of Commerce’s Bureau of Economic Analysis. That compares with BEA’s initial estimate of 0.7%.
The bureau says consumer spending and nonresidential fixed investments were higher than initially estimated. Exports also were stronger than previously thought.
The agency adds that real gross domestic income in the first quarter grew by 0.9% compared with a decrease of 1.4% in the previous period.
RELATED CONTENT
-
On Headlights, Tesla's Autopilot, VW's Electric Activities and More
Seeing better when driving at night, understanding the limits of “Autopilot,” Volkswagen’s electric activities, and more.
-
Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.
-
Mazda, CARB and PSA North America: Car Talk
The Center for Automotive Research (CAR) Management Briefing Seminars, an annual event, was held last week in Traverse City, Michigan.