Economy News Despite Global Inflation, The U S Economic Recovery Is Among The Strongest Of G 7 Nations Center For American Progress

U.S. economy speeds up despite shutdown, but tariffs weigh on exports and business confidence

The U.S. economy sped up in October during the ongoing government shutdown, new surveys show, but businesses said high tariffs were damaging exports and casting a cloud over the upcoming year. Read More

The U.S. economy is slowing — and the nation’s top economists don’t expect it to improve much over the next year

Now, Americans are contending with a global trade war and a slowing job market. After five years of one economic headwind after another, it’s no wonder many people feel uneasy about the U.S. economy. Read More

Banks see a resilient American economy despite unknowns with tariffs, inflation

While there are still uncertainties amid a struggling labor market that could slow down the economy, most bank leaders see the U.S. economy in a strong position, powered by consumers who ... Read More

Global Markets Rise; U.S. Inflation Data Eyed, Gold, Oil Down

September U.S. inflation data is expected to have increased over the month. Read More

America’s inflation is back at 3%. That’s higher than normal but not out of control

The cost of living got even more expensive for Americans last month, with prices rising at the fastest pace since the start of the year. Read More

WEAKNESS PERSISTS IN U.S. AND CALIFORNIA ECONOMIES, WITH RECOVERY NOT EXPECTED UNTIL 2026

Throughout summer 2025, the U.S. economy endured inflection points that included a decline in payroll employment in June, a rising trajectory for inflation, and Federal Reserve chairman Jerome ... Read More

Latest inflation data shows prices rose by fastest pace since January

The September CPI inflation report is likely to show that the cost of food, electricity and housing all continued to increase for Americans. Read More

Fact checking Trump's recent claims about the economy

Washington — President Trump frequently touts a U.S. economy that's on the rise under his stewardship: he talks about energy and grocery prices that are falling, lower mortgage rates and claims he's ... Read More

‘Thanks to the mighty consumer,’ GDP shows more spring in U.S. economic growth

The Federal Reserve cut interest rates last week because of fresh worries about the jobs market, but the broader U.S. economy still appears to be in pretty good shape thanks to American consumers. Read More

The U.S. economy grew more than thought in the second quarter

Data released Thursday reflects the resilience of the U.S. economy, even as concerns about the job market and inflation persist. U.S. economic growth, or the gross domestic product (GDP), reached 3.8% ... Read More

Fed's Clarida says U.S. economic recovery has a 'long way to go'

The U.S. economy is rebounding strongly after taking a big hit because of the coronavirus pandemic, but it may be another year before the economy returns to pre-crisis levels and take even longer for ... Read More