Are we in a recession? What the GDP dip last quarter means for our economy
This post was originally published on this siteGDP fell by 1.4% last quarter. That doesn’t necessarily mean the U.S. is closer to a recession, but some say one might be on the way in 2023.
Why the U.S. economy shrank
This post was originally published on this siteThe U.S. economy shrank at a 1.4 annualized rate in the first three months of the year
The economy is strong but voters aren’t feeling it. That’s a problem for Biden
This post was originally published on this site President Biden’s first year in the White House has been marked by record GDP growth and job gains, so why do voters keep giving him poor marks on the economy? (Image credit: Win McNamee/Getty Images)
Rise in Inventories Sounds an Alarm About Inflation
This post was originally published on this siteThe move doesn’t signal waning demand. It shows how entrenched higher prices have already become.
US Economy Slows Sharply in Third Quarter Amid Supply Chain Crisis
This post was originally published on this site By Lucia Mutikani WASHINGTON — The U.S. economy grew at its slowest pace in more than a year in the third quarter as COVID-19 infections flared up, further straining global supply chains and causing shortages of goods like automobiles that almost stifled consumer spending. Gross domestic product increased at...
Economy Week Ahead: Central Banks, GDP, Consumer Spending
This post was originally published on this siteGross domestic product data from the U.S. and eurozone this week will show how sharply economic growth slowed in the third quarter.