U.S. economy grew 2.8% last quarter, powered by consumer spending [CBS News]
PNC Financial Services Group, Inc. (The) (PNC)
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am
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Source: CBS News
Forecasters expected the country's gross domestic product — the total value of goods and services produced in the U.S. — to come in at 2.6% in the three-month period ended in September, according to a survey of economists by the data firm FactSet. The American economy, the world's biggest, has shown surprising resilience in the face of sharply higher borrowing rates as the Federal Reserve tightened monetary policy in a bid to tame inflation. Despite widespread predictions that the economy would succumb to a recession, however, it has kept growing, with hiring and consumer spending holding steady. Consumer confidence soared in October, reaching its highest level since January 2024, according to the Conference Board. That could signal that U.S. households will continue spending, a key to economic growth. "The percent of consumers expecting a recession in the next 12 months fell to its lowest since the question was first posed in July 2022, with just under two-thirds of respondent
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PNC
News
- PNC Christmas Price Index Increases 5.4%, Significantly More Than The U.S. Consumer Price Index [Yahoo! Finance]Yahoo! Finance
- PNC Christmas Price Index Increases 5.4%, Significantly More Than The U.S. Consumer Price IndexPR Newswire
- GTreasury, PNC Bank Introduce Embedded Banking Integration Through PINACLE® Connect [Yahoo! Finance]Yahoo! Finance
- GTreasury, PNC Bank Introduce Embedded Banking Integration Through PINACLE® ConnectGlobeNewswire
- WPIAL's annual Food and Fund Drive helps end hunger in Western Pennsylvania [CBS News]CBS News
PNC
Earnings
- 10/15/24 - Beat
PNC
Sec Filings
- 11/18/24 - Form 4
- 11/15/24 - Form 144
- 11/13/24 - Form 4
- PNC's page on the SEC website