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

Hot dogs, camping trips and cardboard boxes: What these non-scientific indicators tell us about the economy

Gray’s Papaya hot dog restaurant in Manhattan has served up beef franks to the hungry and frugal masses for the past five decades. But the bustling business off 72nd and Broadway isn’t just an iconic ... Read More

This recipe for a growing U.S. economy shows little sign of recession

When the U.S. economy shows sign of deep stress, one of the first things Americans strike from their budgets are takeout dinners and going out to restaurants. It’s one of the best early warning signs ... Read More

Texas economy still growing but at a slower rate

Texas' economy is expanding while more than 20 states are either in a recession or on the precipice of a downturn, according to an analysis from Mark Zandi, chief economist at Moody's Analytics. Why ... Read More

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

Anthony Salvanto, Ph.D., is CBS News' executive director of elections and surveys. He oversees the CBS News Poll and all surveys across topics and heads the CBS News Decision Desk that estimates ... 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