Episode

World Business Report

BBC World Service

Business, Business News, News & Politics

Chart Positions

Business News 33

The latest business and finance news from around the world from the BBC

Website

Consumer Spending Drives Higher US Economic Growth

March 25th, 2016

Episode 678 of 891 episodes

Overall, the US economy is estimated to have grown at a rate of 2.4% for all of 2015, which is higher than originally thought. One reason for the revised figure was greater consumer spending and an improving jobs market. We hear from Washington DC about whether Americans there are feeling the effects of a growing economy Poland will approve a tripling in the volume of wood to be harvested from Bialowieza Forest, putting the country on a collision course with the European Union and environmentalists. The government says the aim is to stop the degradation of habitats important to the community and start the process of regeneration. Greenpeace describes it as black day for the forest. We speak to Mariana Hoszowska of Greenpeace in Warsaw. And we take a look at the Ford Fiesta - a celebration of one of the world's most popular cars over four decades. Our reporter Elizabeth Hotson has a look at one of the first models, the box-shaped 1976 vintage.

Featured Podcast

Listen