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

US economy is growing at fastest pace in nearly 2 years — White House calls it ‘explosive growth’ as spending roars back. Is Trump really winning?

Take, for example, the fact that after months of dismal jobs numbers and recession predictions, a recent White House press release touted the U.S. Bureau of Economic Analysis’ revision of second ... Read More

U.S. Shutdown Drags Economy to 3½-Year Sentiment Low as Flight Cuts Loom

Now in its sixth week, the shutdown — the longest in U.S. history — has furloughed hundreds of thousands of federal workers, halted publication of most official data, and delayed food benefit payments ... Read More

U.S. Economy Probably Cooled In Q3, But Still Growing

It’s unclear when the government will publish the third quarter GDP report, but the latest numbers still suggest that moderate growth prevailed. Read more here. Read More

Is the U.S. economy getting weaker? Here's what we know.

Worries about the economy might be starting to affect consumers' spending decisions. If the U.S. economy was really flying high, the Federal Reserve wouldn't have lowered interest rates last month. So ... Read More

Top economist warns: These 2 states could tip America into recession while another one is in danger zone

Moody’s Analytics chief economist Mark Zandi highlights the economic precariousness of California and New York, indicating they could significantly impact the U.S. economy's stability, with many ... Read More

U.S. Economy Probably Grew At Solid Pace In Q3

Economic growth increased at an estimated 2.8% annualized pace in Q3, based on the median estimate for a set of nowcasts compiled by CapitalSpectator.com. If accurate, economic activity cooled from Q2 ... Read More

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

So, some Federal Reserve branches model GDP. The Atlanta Fed estimates the economy grew at a healthy annual rate of 3.9% last quarter; New York has a more modest 2.4%. And the St. Louis Fed: just 0.6% ... 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

Is the U.S. economy getting weaker? Here’s what we know.

If the U.S. economy was really flying high, the Federal Reserve wouldn’t have lowered interest rates last month. So what’s really going on? The economy was still expanding at a decent pace before the ... Read More