The U.S. GDP expanded by 1.5 percent across April, May, and June, falling far short of the first quarter’s 2.1-percent growth and missing analysts’ expectations in a Bloomberg survey of a 2-percent bump.
Category: TRENDS ON THE U.S. ECONOMIC FRONT – Aug 4 2026
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ECONOMIC UPDATE
What a difference a day makes. Last week, as he has said scores of times, President Trump threatened that if Iran did not agree to a ceasefire deal, it would be bombs away saying, “We were going to hit them very hard.”
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U.S. GROCERY PRICES UP 33 PERCENT SINCE 2018
U.S. grocery prices have risen by a third in the past seven years, the Bureau of Labor Statistics (BLS) reported.