Economy News Us Economy Regains Momentum In Second Quarter Price Pressures Ebbing

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

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

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

U.S. flash PMI signals faster economic growth in November, but price pressures intensify

The S&P Global U.S. Composite PMI rose slightly to 54.8 in November from 54.6 in the prior month, above the 54.5 consensus, according to data released on Friday. Services PMI: 55 vs. 54.6 expected and ... Read More

Economic Buzz: US composite PMI signals faster economic growth in November, but price pressures intensify

US business activity growth accelerated for a second successive month in November, accompanied by the largest rise in new business seen so far this year. Confidence in the year ahead outlook also ... Read More

U.S. economy has lost momentum over the past 2 months, Fed's 'beige book' finds

Consumer spending inched down in recent weeks, the latest Fed survey found. Reports from across the U.S. indicate sluggish economic conditions in much of the country, with only three of the Federal ... Read More