Economy News Economy Still Growing, Ism Finds, In Counter To Fresh Recession Talk

Mark Zandi warns one-third of US economy is already in a recession — but another third is still growing. Is your state crying, surviving or thriving?

If the American economy is a three-legged stool, one of those legs is broken, the other is wobbly and the final one is holding it all up (for now). That’s how Mark Zandi, chief economist at Moody’s ... Read More

A big part of the U.S. economy has sped up, ISM finds, but more speed bump loom ahead

The large services side of the U.S. economy grew in October at the fastest pace in eight months with the help of lower interest rates, but businesses expressed lingering worries over high tariffs and ... Read More

Recession seems far off — that’s the good news. Yet the economy is also far from trouble-free.

Enough trouble spots emerged in the U.S. economy to coax the Federal Reserve to cut interest rates last week — but it turns out the news isn’t all that bad. A bevy of recent reports also show ... Read More

No one can seem to kill America’s economy, despite everyone’s best efforts

Americans hate this economy, but they keep spending like they love it. The Commerce Department reported Friday that consumer spending rose 0.6% in August. Although that may not sound like a lot, it ... Read More

CBS News poll finds negativity on economy, job market and concerns about AI's impact

Pessimism about the U.S. economy and its direction continues this month — negative ratings have persisted for years — along with net-negative ratings for the U.S. job market, specifically. And in a ... Read More

A big part of the U.S. economy has sped up, ISM finds, but more road bumps loom

The large services side of the economy - restaurants, hotels, banks and so forth - is still growing and keeping the U.S. out of recession. The large services side of the U.S. economy grew in October ... Read More