The US economy is flashing a recession warning that has only been wrong once in the last century, top economist says

The US economy is flashing a classic recession warning that has only shown ... of an increasingly sluggish US economy. GDP is set to slow dramatically over the first quarter, with the Atlanta ... Read More

Slow GO May Mean a Recession Soon

It indicates that the economy may be headed for trouble later this year. While GDP measures only final output, GO measures spending at all stages of production, including the supply chain’s value. Read More

The US economy is nowhere near a recession, Goldman Sachs’ top economist says

“If I look at the news flow ... short-circuit the economic recovery from Covid-19. At one point in the fall of 2022, a model by Bloomberg projected a 100% risk of a US recession over the ... Read More

Recession unlikely for global economy but challenges linger on

growth perspective for the first half of 2023 (1H23), although it remains a stretch to say the world is heading for a recession. A quick glance across the Causeway to Singapore sees the city-state ... Read More

Economy grows more slowly and inflation picks up in March, S&P finds, but businesses optimistic

Big picture: The highest interest rates in more than two decades haven’t done much to slow down the U.S. economy. Gross domestic product, the official scorecard for the economy, is on track to ... Read More

The economy looks good, but underlying weaknesses threaten to bring recession

That in turn could cause a credit crunch for small and medium-sized businesses and tip the economy into recession. An even more serious economic weakness is the abysmal state of our public finances. Read More

Canada Economy on Track to Beat First-Quarter Forecasts

Canada Economy on Track to Beat First-Quarter Forecasts January GDP grows by 0.6%, February flash estimate is 0.4% Data points to 3.5% annualized growth in the first quarter ... Read More

New Zealand’s economy faces second recession in two years

New Zealand has plunged into its second recession in under two years. Statistics New Zealand reports that the nation’s economy shrank ... over recent quarters. The slow economic performance ... Read More

FedEx Stock Jumps After Earnings Beat. The Economy Still Isn’t Helping.

The economy ... weak, he said, adding that e-commerce activity has normalized from pandemic-boosted levels and is growing again. While sales declines aren’t great, investors appear happy with ... Read More

German economy to grow by just 0.1% in 2024: think-tanks

Europe’s largest economy will expand by just 0.1 percent in 2024, five think-tanks said in a joint statement, a sharp downgrade from their earlier forecast of 1.3 percent growth. Read More

Forecasts for German economy see stagnation, or recession, in 2024

Separate economic forecasts for the German economy predicted continued weakness in the current year, although the outlook varied between stagnation and recession ... from its weak phase," IMK ... Read More

Canada Economy on Track to Beat First-Quarter Forecasts

Read More: Canada’s Economy to Slow With New Limits on Temporary Migrants The data clearly suggest there is no urgency for an immediate reduction in interest rates, Andrew Grantham, an economist ... Read More