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

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

If New York or California enters a recession, the entire U.S. economy would be next. So how are they doing?

New York and California are struggling economically — and if things get worse in those states, they could take the whole U.S. economy down with them. The two states, it must be noted, aren’t doing as ... Read More

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

A report from the Bureau of Economic Analysis found that the economy grew at a 3.8% annual rate in the second quarter of this year. Read More

Washington's exports rise despite sluggish economic growth and slow employment rates

SEATTLE — State lawmakers have been working to understand the state’s economic forecast after a less-than-optimal report. While total state revenues are expected to grow between this and the next ... Read More

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

The U.S. economy remains largely unscathed but pressure could mount. The U.S. economy remains largely unscathed by the government shutdown, but the nation could risk economic peril if the impasse ... Read More

If New York or California enters a recession, the entire U.S. economy would be next. So how are they doing?

As two of the country's biggest states by GDP, their economies 'may be canaries in the coal mine,' one economist notes The economies of California and New York could be proverbial canaries in the coal ... Read More