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Tag "US economic growth"

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OECD ups global growth forecast to six-year high

The Organization for Economic Cooperation and Development (OECD) predicts the global economy growth rate at 3.5%, its highest in six years. The global economy is set to grow 3.5 percent in 2017, followed by an increase to 3.6 percent in

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US consumer confidence jumps in November

According to a survey, US consumer confidence has once again reached the highest level in four and a half years. The Conference Board’s Consumer Confidence Index rose to 73.7 from 73.1 in October. Both being the best readings since February

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US economic growth slower than thought in first quarter

The US economy grew at an annualised 1.9% in the first three months of 2012, less than the 2.2% first thought. The slower growth rate – which was in line with forecasts – followed a modest downward revision in consumer

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