The Bureau of Economic Analysis said the improved second-quarter GDP results are credited to a decrease in imports, which are ...
Take, for example, the fact that after months of dismal jobs numbers and recession predictions, a recent White House press release touted the U.S. Bureau of Economic Analysis’ revision of second ...
Economic growth came in pretty strong for the fourth quarter of 2024. As we learned on Thursday, GDP rose at an annual rate of 2.3%. And consumer spending is a key contributor. It rose 4.2% for the ...
Neither business leaders nor consumers needed to hear Wednesday’s dismal news that the U.S. economy shrank 0.3 percent during the first quarter of 2025 to voice their concerns about the way things are ...
The latest gross domestic product report came in Thursday morning. It showed that last year ended with a moderating growth rate in the fourth quarter. But overall, GDP was strong in 2024, coming in at ...
Consumers are still spending like mad. But increasing unemployment and a decline in business investment are worrying ...
The assumption was that consumer spending had softened considerably due to angst and uncertainty stemming from the trade wars. Now it appears that Americans mostly went about their business as usual.
China's economic recovery stepped up in the third quarter, data released is expected to show on Monday, as consumers returned to malls and major trading partners reopened for business, shaking off the ...
When we think of recession signals, we usually think of unemployment rates, consumer spending, or GDP drops. But lately, ...
The broader U.S. economy still appears to be in pretty good shape thanks to American consumers The Federal Reserve cut interest rates last week because of fresh worries about the jobs market, but the ...