Forget GDP — the U.S. economy isn’t doing great. But the worst might be over.

Did the U.S. economy really roar back to life in the spring after shrinking in the first quarter? Not at all. Here’s the scoop on what’s really happening in the economy. Read More

The Mystery of the Strong Economy Has Finally Been Solved

After Trump announced his first sweeping round of “Liberation Day” tariffs, in April, the country appeared to be on the verge of economic catastrophe. The stock market plunged, the bond market nearly ... Read More

Big rebound in GDP masks hidden weakness in the US economy

The US economy expanded sharply in the second quarter as businesses dialed back on imports after stocking up earlier in the year to get ahead of President Donald Trump’s tariffs. But a look under the ... Read More

Trump Is Now Running the Worst Economy Since His Last Term in Office

EPI chief economist Josh Bivens posited that if the U.S. enters a recession in the coming months, the “rapid softening/deterioration in the labor market” over the last three months will likely be ... Read More

New GDP data leads Trump to change his mind about blaming Biden for the economy

Remember when Trump said Biden should get the blame if the economy struggled in the second quarter? As luck would have it, he's reversed course. Read More

U.S. job growth turns cold as Trump’s agenda takes its toll on the economy

Indeed, according to the revisions, the U.S. economy created just 33,000 jobs combined over May and June, which is a woeful total for an economy that Donald Trump and his Republican cohorts have ... Read More

After a Week of Mediocre Economic News, Trump Wants to Fire the Messenger

So far, Americans are experiencing costs but not the purported benefits of his attempt to remake the global economy. Read More

GDP is ready to pop, but not because the U.S. economy is popping

GDP might show a big pop on Wednesday, but not because the U.S. economy has gotten much better. It hasn’t. Here’s how to scope out the second-quarter report on gross domestic product, the official ... Read More

GDP data shows U.S. economy shrank more than previously ... - CBS News

New GDP data shows the U.S. economy shrank at an 0.5% annual pace from January through March, the first quarterly drop in three years. Read More