The economy could lose $14 billion if the government shutdown continued for another month, the Congressional Budget Office ...
The CBO, a nonpartisan federal agency that provides budget and economic information to Congress, estimates the majority of ...
Gross domestic product plays an outsize role in how we think of what the American economy creates. It’s what the U.S. Bureau of Economic Analysis refers to as its “featured measure of production.” ...
In February, the personal consumption expenditure (PCE) price index came in lower than expected, with consumer spending rising by 5.0% compared to a year ago, down from 5.3% in January. This month’s ...
The federal government's four-week shutdown will reduce real annualized gross domestic product growth by 1 percentage point ...
Saudi Arabia's economy minister forecast real GDP growth of 5.1% for 2025, supported by the non-oil sector, as the kingdom ...
Learn about economic conditions, key indicators like GDP and inflation, and their impact on investments. Explore strategies for navigating economic cycles effectively.
There may be an explanation for why the U.S. economy has been remarkably resilient, growing briskly despite high inflation and interest rates. Maybe it isn’t so resilient after all. This week, the ...
Each week of the ongoing government shutdown could cost the economy $7 billion and reduce GDP growth by 0.1 percentage points ...
House Democratic Leader Nancy Pelosi says the Republican tax plans will be a “job-killer,” but most economic analyses of the plans suggest, on balance, modest job growth. The president revises history ...
In the middle of the eighteenth century, the physician-turned-economist François Quesnay devised a quantitative model of the economy, among the first of its kind and a precursor to present-day GDP.
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