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The US economy is growing by 2.6% and the dollar is below 102 levels
image 30 March، 2023
image ابحاث السوق
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 The Gross Domestic Product of the United States of America grew in the fourth and final quarter of last year, ending in December, in the third reading, according to the Bureau of Economic Analysis report issued just before, by 2.6%, compared to a growth of about 2.7% in the second reading and 2.9% in the initial reading, and after a growth of about 3.2% in the third quarter.

The gross domestic product in dollars increased by 6.6% at an annual rate, or $414.1 billion, to reach $26.14 trillion.

On the other hand, the number of weekly claims for unemployment insurance rose to 198,000 in the past week ending on the 25th of March, an increase of 7,000.

 

The US dollar is trading at its lowest level in a week, below 102 levels, in the middle of today’s trading, on a return of 0.40%, amid anticipation of inflation figures for consumer spending tomorrow.

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