• Hotel Industry in Mexico Reports Mixed Results for Q3 2018

    21 days ago - By Hotel News Resource

    Mexico's hotel occupancy decreased 1.7% to 62.2% during the third quarter, and despite a 1.2% ADR increase to 2,007.47 Mexican pesos , RevPAR dipped 0.6% to 1,248.61 Mexican pesos .
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  • Q3 GDP Growth = 3.5%

    Q3 GDP Growth = 3.5%

    21 days ago - By Crossing Wall Street

    The first estimate of third-quarter GDP growth is out this morning. The government estimates that the economy grew, in real terms, at an annualized rate of 3.5% .
    The U.S. economy grew at a faster-than-expected rate in the third quarter as inflation was kept in check and consumer spending surged, according to data released by the Commerce Department on Friday.
    Gross domestic product expanded by a 3.5 percent annual rate. Economists polled by Dow Jones expected the economy to expand by a 3.4 percent annual rate.
    The department said the PCE price index, a key measure of inflation, increased...
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  • Trump's Economic Scorecard: 12 Days Before The Mid-Term Elections

    Trump's Economic Scorecard: 12 Days Before The Mid-Term Elections

    21 days ago - By Forbes

    The first estimate for September quarter's GDP came in at a solid 3.5%, and on a trailing four quarter basis the economy has grown 3.0%. However, lower earnings growth next year, tariff wars, higher deficits and increased interest rates have put the stock market on a roller coaster.
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  • Trump's trade war took a stunning bite out of the US economy, and it's the strongest evidence yet he's shooting himself in the foot

    Trump's trade war took a stunning bite out of the US economy, and it's the strongest evidence yet he's shooting himself in the foot

    21 days ago - By Business Insider

    The US economy grew by 3.5% in the third quarter, according to Friday's GDP report.
    Ther GDP report also showed major distortions because of President Donald Trump's tariffs on Chinese goods and metals.
    Trade took a major bite out of growth, dragging down GDP by 1.78 points, the worst number in 33 years.
    Companies also built up inventories in a rush to import goods before they were subject to tariffs.
    There's mounting anecdotal evidence that President Donald Trump's trade war is causing trouble for the US economy and businesses. But Friday's third quarter GDP report may be the best hard...
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  • U.S. Economy Grew At A 3.5 Percent Rate In 3rd Quarter

    U.S. Economy Grew At A 3.5 Percent Rate In 3rd Quarter

    21 days ago - By NPR

    That's slower than the second quarter's blockbuster 4.2 percent but puts the economy on pace for the fastest annual growth in 13 years.
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  • US economy grew at strong 3.5 percent rate in Q3

    21 days ago - By Chron

    WASHINGTON - The U.S. economy grew at a robust annual rate of 3.5 percent in the July-September quarter as the strongest burst of consumer spending in nearly four years helped offset a sharp drag from trade.
    The Commerce Department said Friday that the third quarter's gross domestic product, the country's total output of goods and services, followed an even stronger 4.2 percent rate of growth in the second quarter. The two quarters marked the strongest consecutive quarters of growth since 2014.
    The result was slightly higher than many economists had been projecting. It was certain to be...
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  • U.S. economy grew at annual rate of 3.5 percent in 3rd quarter, beating expectations

    21 days ago - By Washington Post

    The report provides a lift for Republicans just 11 days before congressional elections and as GOP candidates have touted their handling of the economy.
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  • US economy grew at robust 3.5 percent rate in Q3 as strong consumer spending offset trade drag

    21 days ago - By Chron

    WASHINGTON - US economy grew at robust 3.5 percent rate in Q3 as strong consumer spending offset trade drag .
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  • BEA: Real GDP increased at 3.5% Annualized Rate in Q3

    21 days ago - By Calculated Risk

    From the BEA: Gross Domestic Product: Third Quarter 2018
    Real gross domestic product increased at an annual rate of 3.5 percent in the third quarter of 2018, according to the "advance" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 4.2 percent.
    The Bureau emphasized that the third-quarter advance estimate released today is based on source data that are incomplete or subject to further revision by the source agency (see “Source Data for the Advance Estimate” on page 2). The "second" estimate for the third quarter, based on more complete...
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