Economy News Us Economy Expected To Have Grown But Slowed, Dispelling Recession Fears

Here’s what the latest inflation and spending data reveals about the US economy

Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales. Read More

Bessent ‘very, very optimistic’ about economy, says US will not enter recession

Treasury Secretary Scott Bessent assured he is “very, very optimistic” about the economic outlook of 2026 and dismissed concerns of an impending recession. Bessent appeared on NBC News’s Meet the ... Read More

No recession risk for US economy as a whole after $11 billion shutdown hit, Bessent says

Treasury Secretary Scott Bessent on Sunday said the 43-day government shutdown caused an $11 billion permanent hit to the U.S. economy, but he was optimistic about growth prospects next year given ... Read More

Could the government shutdown tip the US into a recession? Experts weigh in

The U.S. economy remains largely unscathed by the government shutdown, but the nation could risk economic peril if the impasse deepens into a long-term standoff, some economists told ABC News. Roughly ... Read More

US economy saw stronger-than-expected job growth in September, but the unemployment rate rose

The Labor Department is finally releasing the jobs report for September, which was delayed for weeks due to the government shutdown. It is expected to show the economy added around 50,000 jobs that ... Read More