Economy News U S Economy’s Growth In The Fourth Quarter Downgraded To 3 2 , Gdp Shows

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

U.S. economy grew at an above-average speed before shutdown, delayed reports show. What about now?

The U.S. economy was still expanding at an uneven but somewhat robust pace as summer drew to a close, a trickle of economic reports delayed by the government shutdown have shown. However, there’s a ... Read More

U.S. economy grows 3.8% on consumer spending

An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8% from April through June, the government reported in a dramatic upgrade of its previous estimate of second-quarter ... Read More

How much did the U.S. economy grow in the third quarter? For now, we can only estimate.

On Thursday, the Bureau of Economic Analysis was supposed to release its initial estimate of GDP in the third quarter of this year … except … ya know … the ... Read More

Government shutdown blocks key GDP data release – what do the Fed's models say about economic growth?

The ongoing government shutdown delayed the release of the Commerce Department's initial estimate of the third-quarter gross domestic product (GDP), as other data sources suggest solid economic growth ... 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

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