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Gross domestic product

Hollywood Bowl

Arts, culture add $500B to nation’s GDP

WASHINGTON (AP) — Creative industries led by Hollywood account for about $504 billion, or at least 3.2 percent of U.S. goods and services, the government said in its first official measure of how the arts […]

12/05/2013

(AP Photo)

White House says deficit is shrinking

WASHINGTON (AP) — The White House said Monday that the federal budget deficit for the current fiscal year will shrink to $759 billion. That’s more than $200 billion less than the administration predicted just three […]

07/08/2013

(AP Photo)

2013 deficit estimate lowered to $642 billion

WASHINGTON (AP) — The budget deficit for the current year is projected to come in well below what was estimated just a few months ago, a development that could further curb the already slowing momentum […]

05/14/2013

(AP Photo)

After near-stall in late 2012, US economy picks up

WASHINGTON (AP) — After nearly stalling in late 2012, the American economy quickened its pace early this year despite deep government cutbacks. The strongest consumer spending in two years fueled a 2.5 percent annual growth rate in the January-March quarter.

04/26/2013

(AP Photo)

US economy accelerates at 2.5 percent rate in Q1

WASHINGTON (AP) — Americans shrugged off higher taxes to lift the U.S. economy at the start of the year. Government spending fell, though, and the impact of the tax increases along with federal budget cuts could slow growth later this year.

04/26/2013

(AP Photo)

The happiest and saddest countries in the world

WASHINGTON, D.C. — Latin Americans are the most positive people in the world, with their region being home to eight of the top 10 countries for positive emotions worldwide.

12/19/2012

US government runs $120 billion October deficit

WASHINGTON (AP) – The federal government started the 2013 budget year with a $120 billion deficit in October, an indication that the nation is on a path to its fifth straight $1 trillion-plus annual deficit. […]

11/13/2012

Storm's cost may hit $50B; rebuilding to ease blow

WASHINGTON (AP) – Superstorm Sandy will end up causing about $20 billion in property damages and $10 billion to $30 billion more in lost business, according to IHS Global Insight, a forecasting firm. In the […]

10/30/2012

American economy tepid

  WASHINGTON (AP) — The latest snapshot of economic growth shows the U.S. recovery remains tepid. Growth in the July-September quarter climbed slightly but was still too weak to stir significantly more hiring. The pace […]

10/26/2012

US worker productivity up 1.6 pct. in 2nd quarter

(AP) – U.S. companies got slightly more out of their workers this spring after scaling back on hiring. The modest 1.6 percent annualized gain in productivity from April through June signals employers may need to […]

08/08/2012

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