Economy News Mild Recession Still In The Cards For U S Economy But Not Until 2024 Fannie Mae

Recession seems far off — that’s the good news. Yet the economy is also far from trouble-free.

Enough trouble spots emerged in the U.S. economy to coax the Federal Reserve to cut interest rates last week — but it turns out the news isn’t all that bad. Read More

Mark Zandi warns one-third of US economy is already in a recession — but another third is still growing. Is your state crying, surviving or thriving?

“States making up nearly a third of U.S. GDP are either in or at high risk of recession, another third are just holding steady, and the remaining third are growing,” Zandi said in a post on X ... 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

Gov. Green says Hawaii is in ‘mild recession’

HONOLULU (KHON2) — A new report from the University of Hawaii Economic Research Organization forecasts a mild recession in the islands over the next year, with the weakening US economy threatening a ... 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

U.S. economy headed for recession? Heavy truck sales hit four-year low in 2025 — are industrial struggles pointing to a downturn ahead?

Sales of heavy trucks in the U.S. have fallen sharply, dropping to levels not seen in four years, with recent sales down over 15% year-over-year and even more compared to the prior year. This decline ... Read More

U.S. GDP expanded at a strong 3.8% pace in second-quarter revision

The U.S. economy grew at a strong 3.8% annualized pace in the second quarter, the government reported Thursday in its final revision of gross domestic product data for April through June. U.S. GDP — ... Read More

Fed officials say U.S. economy still in depths of recession, more relief needed

The U.S. economy is still deep in a recession and more fiscal relief will be needed to reach a full recovery and help some of the unemployed find jobs, two Federal Reserve policymakers said on Monday. Read More

US economy grew 3.8% in 2nd quarter, far exceeding previous estimate

The U.S. economy expanded significantly more than initially estimated over a recent three-month period, suggesting robust growth despite uncertainty set off by President Donald Trump's tariff policy, ... Read More

New UHERO report forecasts recession for Hawaii’s economy

This line graph shows average daily visitor arrivals in Hawaii from the U.S., Canada and Japan. Courtesy photo With visitor numbers down in Hawaii and new federal tariffs weighing down the global ... Read More

Hawaii faces ‘mild recession,’ rising prices, job losses, report says

The University of Hawaii’s Economic Research Organization reports the price of food will continue to rise in Hawaii. People shop for produce during the Hawaii State Farm Fair in Wahiawa in July. Read More

Recession seems far off - that's the good news. Yet the economy is also far from trouble-free.

Customers shop at the Apple Store on Fifth Avenue in New York to buy the latest versions of the company's popular phones and other items. Enough trouble spots emerged in the U.S. economy to coax the ... Read More