US economic growth rate was lower than 3 percent last year
The Trump administration did not reach the 3 percent growthtarget for the US economy last year as corporate investment declined even more amid trade tensions.
The Department of Commerce’s statistical institute announced on Thursday that the United States’ gross domestic product increased by 2.3 percent in 2019, the worst since 2016. One year earlier, in 2018, the US economy grew by 2.9 percent. (MTI)
Related news
Euromonitor: lesz, aki nyer, és lesz, aki veszít Kína gazdasági növekedésének lassulásán
Lassulóban a világgazdaság növekedése, és bár a kilátások javulnak, az…
Read more >This year’s Black Friday broke all records in America
According to a recent report by Adobe Analytics, Black Friday…
Read more >The average producer price of raw milk fell by 20 percent in one year
In August 2023, the producer price of raw milk in…
Read more >Related news
The latest issue of Trade magazin is out now!
The digital version is available with more content once again…
Read more >FAO: global food prices increased for the second month in April on a monthly basis
In April, global food prices rose for the second month…
Read more >Beauty care travels at breakneck speed
Beauty care is one of the fastest growing markets in…
Read more >