Economy News Gdp May Paint A Sunny Picture Of The Economy, But This Number Tells A Different Story

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

We’re Seeing What a No-Immigration Economy Looks Like

If we have sustainable employment growth combined with a low unemployment rate, it tells us that the labor market is healthy: When the number of new jobs created is roughly in sync with the number of ... Read More

Jobs Report offers mixed picture of the economy

U.S. employers added 119,000 jobs in September, but hiring was weaker than expected. That's according to a new report from the Labor Department, which was delayed because of the government shutdown. Read More

Government shutdown standoff could trim $14 billion from GDP, CBO warns

FIRST ON FOX: The U.S. economy could lose up to $14 billion in economic growth due to the ongoing government shutdown, a new analysis said Wednesday. The nonpartisan Congressional Budget Office (CBO) ... Read More

The ‘S&P 493’ reveals a very different U.S. economy

A few trillion-dollar companies are powering the market’s gains. Here’s what’s happening to most other businesses in the United States. Read More

US economy grew faster than expected in the second quarter

The U.S. economy accelerated in the second quarter as the Commerce Department released its second revision of real gross domestic product (GDP) growth for the latest quarter. The Bureau of Economic ... 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

K-shaped economy: Why the wealthy are thriving as most Americans fall behind

The markets have climbed higher despite continuing concerns around the shutdown, tariffs and inflation. The S&P 500 and Nasdaq have set records more than 30 times this year and other data suggest the ... Read More

The A.I. Boom Is Driving the Economy. What Happens if It Falters?

A windfall for companies that build data centers and their suppliers is overshadowing weakness in other industries. Read More

CBS News poll finds negativity on economy, job market and concerns about AI's impact

Anthony Salvanto, Ph.D., is CBS News' executive director of elections and surveys. He oversees the CBS News Poll and all surveys across topics and heads the CBS News Decision Desk that estimates ... Read More

A stalling Colorado economy pulls up sharply in the third quarter

Getting your Trinity Audio player ready... Colorado’s economy, which has been flying on a downward trajectory since early 2023, corrected course in the third quarter, gaining enough lift to avoid a ... Read More