U.S. Economic Outlook. Quarterly developments

In the first quarter of 2018, the U.S. economy grew at an annualized rate of 2%, a slower pace than previously thought, but growth is expected to rebound in the current quarter. Growth was held back by the slowdown in consumer spending, which grew only 0.9% in the first quarter, after a 4% growth in...

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Otros Autores: NU. CEPAL. Oficina de Washington
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Lenguaje:English
Publicado: ECLAC 2018
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Acceso en línea:http://hdl.handle.net/11362/43745
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spelling oai-11362-437452019-08-09T17:36:53Z U.S. Economic Outlook. Quarterly developments NU. CEPAL. Oficina de Washington CONDICIONES ECONOMICAS DESARROLLO ECONOMICO ESTADISTICAS ECONOMICAS MACROECONOMIA INDICADORES ECONOMICOS ECONOMIC CONDITIONS ECONOMIC DEVELOPMENT ECONOMIC STATISTICS MACROECONOMICS ECONOMIC INDICATORS In the first quarter of 2018, the U.S. economy grew at an annualized rate of 2%, a slower pace than previously thought, but growth is expected to rebound in the current quarter. Growth was held back by the slowdown in consumer spending, which grew only 0.9% in the first quarter, after a 4% growth in the fourth quarter of last year. U.S. employers added 1,287,000 jobs during the first half of 2018. Unemployment rate was at 4% at the end of June. Compared with its pace before the 2008 recession, productivity growth is disappointingly slow. On a year-ago basis, unit labor costs were up 1.1% in the first quarter while productivity increased 1.3%, indicating acceleration in wages that nevertheless falls short of prerecession rates. 2018-07-16T19:34:24Z 2018-07-16T19:34:24Z 2018-07-16 Texto Documento Completo http://hdl.handle.net/11362/43745 LC/WAS/TS.2018/5 en .pdf application/pdf ESTADOS UNIDOS UNITED STATES ECLAC
institution Cepal
collection Cepal
language English
topic CONDICIONES ECONOMICAS
DESARROLLO ECONOMICO
ESTADISTICAS ECONOMICAS
MACROECONOMIA
INDICADORES ECONOMICOS
ECONOMIC CONDITIONS
ECONOMIC DEVELOPMENT
ECONOMIC STATISTICS
MACROECONOMICS
ECONOMIC INDICATORS
spellingShingle CONDICIONES ECONOMICAS
DESARROLLO ECONOMICO
ESTADISTICAS ECONOMICAS
MACROECONOMIA
INDICADORES ECONOMICOS
ECONOMIC CONDITIONS
ECONOMIC DEVELOPMENT
ECONOMIC STATISTICS
MACROECONOMICS
ECONOMIC INDICATORS
U.S. Economic Outlook. Quarterly developments
description In the first quarter of 2018, the U.S. economy grew at an annualized rate of 2%, a slower pace than previously thought, but growth is expected to rebound in the current quarter. Growth was held back by the slowdown in consumer spending, which grew only 0.9% in the first quarter, after a 4% growth in the fourth quarter of last year. U.S. employers added 1,287,000 jobs during the first half of 2018. Unemployment rate was at 4% at the end of June. Compared with its pace before the 2008 recession, productivity growth is disappointingly slow. On a year-ago basis, unit labor costs were up 1.1% in the first quarter while productivity increased 1.3%, indicating acceleration in wages that nevertheless falls short of prerecession rates.
author2 NU. CEPAL. Oficina de Washington
author_facet NU. CEPAL. Oficina de Washington
format Texto
title U.S. Economic Outlook. Quarterly developments
title_short U.S. Economic Outlook. Quarterly developments
title_full U.S. Economic Outlook. Quarterly developments
title_fullStr U.S. Economic Outlook. Quarterly developments
title_full_unstemmed U.S. Economic Outlook. Quarterly developments
title_sort u.s. economic outlook. quarterly developments
publisher ECLAC
publishDate 2018
url http://hdl.handle.net/11362/43745
_version_ 1718436067644801024