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 after government shutdown as businesses turn more optimistic

The U.S. economy grew in November at the fastest pace in four months, new surveys showed, and businesses turned more optimistic about the future following the end of the federal government shutdown. Read More

Nearly a quarter of U.S. households live paycheck to paycheck, report finds

The percentage of Americans just scraping by financially is rising as wage growth slows and inflation flares, Bank of America finds. Read More

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 high tariffs were hurting exports, businesses said, casting a cloud over the upcoming year. S&P Global ... Read More

U.S. trade deficit drops 24% in August as Trump’s tariffs reduce imports

The U.S. trade deficit fell by nearly 24% in August as President Donald Trump’s sweeping global tariffs pushed imports lower. Read More

U.S. economy still vulnerable to tariff shocks, IMF says, and labor shortages tied to immigration crackdown could also sting

The U.S. economy hasn’t suffered much so far from increases in tariffs or a decline in the labor supply due to tighter immigration rules. But that might change. So says a new report from the ... Read More

The U.S. economy could benefit from a green exit - unless the world follows suit, report claims

A Bloomberg Economics study finds the U.S. could gain 1% GDP growth by abandoning green energy if other nations continue renewable pursuits. But if other countries follow the U.S. and pivot away from ... Read More

Will tariffs slow the U.S. economy in 2026?

The U.S. economy has largely weathered historically high tariffs so far this year, but a new study says tariffs will hit Americans in 2026. The Paris-based Organization for Economic Cooperation and ... Read More

Economists expect faster growth, but weaker job gains, through 2025

The U.S. economy could be on the upswing even if tariffs and stubborn inflation continue to weigh on growth, according to a new analysis. The National Association for Business Economics (NABE) said ... Read More

Treasury Secretary Bessent expects consumer prices to drop starting next month amid economic recovery

U.S. Treasury Secretary Scott Bessent offered some optimism for consumers, saying he expects price relief to arrive sooner rather than later. "Things look great, and they're good now. I think 2026 and ... Read More