Economists expect GDP to benefit from numerous tailwinds, including lower interest rates, AI spending, and hefty tax refunds.
The following is an excerpt from the forthcoming book, “Rethinking Economic Growth,” by Dan Varroney. The United States is the largest and most productive economy in the world, by a wide margin. But ...
Global economic growth remains resilient, with AI-driven investment in the US offsetting trade conflict headwinds and supporting robust GDP performance. US tariffs have sharply shifted import sources, ...
Fresh government data showed the US economy grew at a much stronger pace than initially estimated – news that dented hopes the Federal Reserve’s will cut rates aggressively in the months ahead. Gross ...
WASHINGTON (Reuters) -The U.S. consumer's durability as a prop for the economy may be tested in coming weeks as family budgets, particularly among the less affluent, are stressed by rising healthcare ...
WASHINGTON (AP) — An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8% from April through June, the government reported in a dramatic upgrade of its previous estimate of ...
ORLANDO, Florida, Oct 6 (Reuters) - The U.S. government shutdown is delaying key economic data releases, thickening the fog of uncertainty for policymakers and businesses, but they needn't worry. They ...
The federal government shutdown has lasted all month and is on pace to become the longest on record. While history has shown that the economy typically rebounds from a shutdown within a couple of ...
Private payrolls plunged in September, complicating the picture for the US economy as policymakers and investors struggle to assess the state of the labor market amid a government shutdown. The Bureau ...
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