国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

WORLD> America
US economy shrinks less in second quarter
(Agencies)
Updated: 2009-09-30 22:18

WASHINGTON: The US economy contracted at slower pace than previously thought in the second quarter, but a further decline in private payrolls in September was another indication that recovery from recession would be patchy.

US economy shrinks less in second quarter
Customers leave a store with their purchases in Alexandria, Virginia, September 15, 2009.[Agencies] 

The Commerce Department said on Wednesday gross domestic product fell at a 0.7 percent annual rate instead of the 1.0 percent decline reported last month. This was better than market expectations for a 1.2 percent drop.

GDP, which measures total goods and services output within US borders, fell at a 6.4 percent rate in the January-March period.

A separate survey by the ADP Employer Services showed private employers 254,000 jobs in September more than the 210,000 layoffs the market had been expecting. However it was less than the 277,000 jobs lost in August.

Related readings:
US economy shrinks less in second quarter Buffett: US economy on the brink of upturn
US economy shrinks less in second quarter New Japan PM faces hurdles on economy, US ties
US economy shrinks less in second quarter Economy leaves some US workers stuck in bad jobs
US economy shrinks less in second quarter Bernanke: US economy on cusp of recovery

US economy shrinks less in second quarterSome undocumented migrants undeterred by weak US economy

"It's (GDP) not an earth-shaking revision, but it does show a healthier picture than before because domestic spending is less weak. It's unlikely to change perceptions about the third-quarter outlook," said Pierre Ellis, a senior economist at Decision Economics in New York.

US stock futures rose after the GDP report, regaining losses suffered after data on private sector employment showed more job losses than expected in September. Bond prices fell on the news, while the dollar rose against the euro.

The decline in GDP will probably mark the last quarter of contracting output for the US economy, which slipped into recession in December 2007. The economy is believed to have rebounded in the July-September quarter.

With the second-quarter contraction, the country's real GDP has shrunk for four straight quarters for the first time since government records started in 1947.

The shallow decline in activity in the second quarter reflected more moderate drops in consumer spending and business investment than previously thought, the report showed.

   Previous page 1 2 Next Page  

汉中市| 阳朔县| 金坛市| 通辽市| 历史| 开阳县| 汝城县| 同江市| 南投县| 巫溪县| 界首市| 清原| 通城县| 定襄县| 昌宁县| 永春县| 堆龙德庆县| 岑巩县| 靖宇县| 青川县| 休宁县| 共和县| 霍山县| 青神县| 定襄县| 光山县| 盐池县| 和龙市| 南漳县| 剑川县| 大同市| 永新县| 桂林市| 长武县| 棋牌| 顺昌县| 遂溪县| 清涧县| 丰台区| 甘南县| 铜陵市|