Why Have Forecasters Underestimated The US Economy Lately?

In the past month, employers have added more jobs than forecasters expected, consumers have spent more, the economy has grown more, and businesses have raised prices more. Read More

US economy shrank for first time since 2022 — and Trump tariffs were a major reason why

The US economy shrank at a 0.5% annual pace from January through March as President Trump’s trade wars disrupted business, the Commerce Department reported Thursday in an unexpected deterioration of ... Read More

US Economic Outlook Remains Dark as Major Forecast Sees Sixth Straight Drop

The Conference Board's "Leading Economic Index" fell in May, as the economy continues to slide toward a potential recession. Read More

Stock Market Analysis: Why a Strong Economy Is Bad News for Equities - Markets Insider

Following a dismal 2022 for the S&P 500, which lost 20% last year, the stock market soared in the first six weeks of the year as traders bet that inflation was cooling and the Fed would be less ... Read More

The Market Has Underestimated the Strength of the US Economy

Shares are now well below their August highs even as Wall Street appears to have underestimated the resiliency of the US economy. With leading economic indicators pointing firmly lower, the real ... Read More

The US economy is defying expectations, says Biden’s top economic adviser

The resiliency of the US economy is defying expectations — and the odds of a “soft landing” are improving, said Lael Brainard, President Joe Biden’s top economic adviser, on Wednesday ... Read More

US Economy News Today: An Old Economic Idea is Being Revived—It Could Impact Your Job - Investopedia

How a Narrowing Trade Deficit Could Be Good News for the Economy Labor Market Stayed Resilient In May, Adding 139,000 Jobs Trump's Tariffs Have Yet To Force Down Any Major Trade Barriers ... Read More

Have bond traders underestimated the economy? Jobs data will tell

Payrolls probably grew by 183,000 last month, after increasing 150,000 in October, while the unemployment rate held steady at 3.9%, according to the median forecast of economists surveyed by ... Read More

Why the US economy is doing so much better than the rest of the world - AOL

It happened again — the US economy defied yet another forecast in a big way. Economists were convinced the last quarter of 2023 had to be the one where economic growth slowed significantly after ... Read More

Jamie Dimon is right: Economic forecasts have been wrong lately, but that's really nothing new - NBC Los Angeles

Forecasters have been really wrong on the economy recently, but it's nothing new: They've always been wrong. I was amused yesterday to hear that JPMorgan Chase CEO Jamie Dimon was shocked ... Read More

What recession? Professional forecasters raise expectations for US economy in 2024.

NEW YORK — This year looks to be a much better one for the US economy than business economists were forecasting just a few months ago, according to a survey released Monday. The economy looks ... Read More

Why the US economy is doing so much better than the rest of the world

It happened again — the US economy defied yet another forecast in a big way. Ad Feedback. Business. Markets ... Latest Market News . 138-year-old grocery store staple files for bankruptcy. Read More