Economy News Fed Economy Growing, Labor Market In Balance

Spending helped drive 4.3% economic growth from July to September, delayed GDP report shows

Household spending is increasingly divided between wealthy consumers who are helping to keep the economy humming and everyone else. Read More

US economy grew more than expected in 3rd quarter

The U.S. economy grew at an annualized rate of 4.3% in the third quarter in the government's initial estimate, marking an acceleration from 3.8% growth recorded in the previous quarter. Read More

The Economy Avoided a Recession in 2025, but Many Americans Are Reeling

A feared recession didn’t materialize, but unemployment rose, wage growth slowed and affordability challenges are mounting. Read More

Powell acknowledges labor market slowdown but rejects fears of steep decline

Federal Reserve Chair Jerome Powell discusses labor market outlook after the third interest rate cut this year, citing unemployment rise to 4.4% and slowing job growth. Read More

A divided Fed cuts interest rates again as economic concerns persist

The Federal Reserve on Wednesday cut its influential interest rate for the third time this year as it tries to balance rising inflation with a labor market that appears to have weakened in recent mont ... Read More

After 3rd consecutive rate cut, Fed credibility on inflation could be at stake

Federal Open Market Committee members faced a tough task in deciding how to balance spurring employment and controlling prices — they chose to reduce the federal funds rate. Read More

US economy saw stronger-than-expected job growth in September, but the unemployment rate rose

• The latest snapshot of the US labor market showed an unexpected rebound of 119,000 jobs in September but a loss for August and a lower total for July. The report was originally scheduled for October ... Read More

Fed's Goolsbee says rates ‘could come down’ if economy stays on ‘golden path’

The Fed's Austan Goolsbee signaled more rate cuts are possible if inflation trends continue improving, calling November's CPI data encouraging for policymakers. Read More

2026 Economic Outlook: Economic Expansion Expected to Continue, But Balance of Risk Tilts Modestly Downward

The U.S. economy is expected to remain resilient in 2026 despite a moderation in growth, according to the 2026 Equipment Leasing & Finance U.S. Economic Outlook released today by the Equipment Leasing ... Read More

Is the Federal Reserve likely to cut interest rates in December? Here's what economists say.

Just a few weeks ago, a December interest rate cut was viewed as practically a done deal by many economists. Now, with fresh government data showing solid U.S. job growth in September, many ... Read More

Report: Tennessee economy growing, despite fewer new jobs, federal policy changes

The 2026 Economic Report to the Governor of the State of Tennessee said the Volunteer State's economy continued to expand this year "despite certain challenges stemming from slower job growth and ... Read More