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

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. S ... Read More

Wait, I thought the economy was terrible. What happened?

“The economy is struggling to create jobs. The unemployment rate is low but it’s now showing some stress,” Zandi said, adding that the closer the rate gets to 5%, the greater the risk of 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

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 US economy grew at a 3.8% rate in the second quarter, significantly stronger than previously reported

The US economy’s comeback in the second quarter was just revised higher again, and economists estimate that momentum carried on in the third quarter, underscoring the resilience of the world’s largest ... 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

California remains world’s fourth-largest economy

California kept its bragging rights as the world’s fourth-largest economy in the latest update on state-level business output. The Golden State economy was producing goods and services at a ... Read More

A Federal Shutdown May Be Imminent. How Would It Affect the Economy?

Congress and the White House have days to fund the government and avert a disruptive and potentially costly lapse in funding. By Tony Romm Reporting from Washington Follow live coverage of the Trump ... Read More

How much could a government shutdown cost the economy and taxpayers?

Washington — The fight over funding the government is likely to be a costly one. Each week of the ongoing government shutdown could cost the economy $7 billion and reduce GDP growth by 0.1 percentage ... 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

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 hard landing, according to the latest ... Read More

Americans Warned As New Type of Economy Spells Trouble

Experts warn that the growing “K-shaped” divide in the U.S. economy could soon transform into a national crisis. Read More