The US economy recorded better than expected performance during the fourth quarter enabling it to conclude 2015 on positive mode. Surpassing the forecast of 0.7 percent, the US economy grew one percent during September-October quarter in 2015 giving much leverage to the US government to tighten monetary policy.
better than expected
Breaking News
Subscribe to VCpost newsletter
Most Popular
- US Economy Is Still Robust With Labor Market Adding 199,000 Jobs in November
- Amazon Removes Venmo as Payment Method, Causing PayPal Shares to Drop
- AMD Shares Rise After it Unveils New AI Chips to Compete with Nvidia
- Elon Musk Trashes Bob Iger, Says Disney CEO Should Be 'Fired Immediately'
- Investing Experts Say Now Is the Best Time to Invest in Small- and Midsize-Company Stocks — Here's Why
- Why Billionaire Tech Leader Romesh Wadhwani Is Investing $1 Billion on AI's Future
- Maximizing Social Security Retirement Benefits: Experts Reveal Strategies to Get Bigger Monthly Checks