Consumer Spending Rises Only 0.1% in August
With income outpacing expenditures, consumers may have "a good amount of cushion to sustain spending if or as the economy slows."
Key Investment Measure Surges 1.9% in June
"The trend in durable goods orders remains decidedly weak" amid worries about a global growth slowdown and trade tensions.
U.S. Productivity Surges to 3.6% Gain in Q1
“The rebound in productivity is restraining labor costs and keeping inflation in check,” an economist says.
Key Investment Measure Gains 0.8% in January
Core capital goods orders rebounded from a sharp drop in December, suggesting the slowdown in business investment may be shallow.
U.S. Economic Growth Slows to 2.6% in Q4
“I think this is a slowing. I don’t think this is ‘we’re falling into an abyss," one economist says.
Has the TCJA Actually Helped Companies?
The overall financial impact of the Tax Cuts and Jobs Act is difficult to calculate and may be viewed differently by optimists and skeptics.
Durable Goods Orders Rise 0.8% in November
Orders for core capital goods dropped for the second time in three months, suggesting the slowdown in business investment is continuing.
U.S. Trade Gap Rises 12.1% in 2017
The December deficit was the largest since 2008 as robust domestic demand pushed imports to a record high of $256.5 billion.
US Productivity Posts Unexpected 0.1% Drop
The Q4 decline follows a 2.7% gain in Q3 but economists believe higher capital spending could lift productivity this year.
U.S. Factory Orders Decline 0.1% in October
“These data remain consistent with a solid upswing in manufacturing activity and an acceleration in corporate capital spending."
OECD Raises 2018 US Growth Forecast to 2.5%
The group sees a temporary boost to GDP from the proposed tax cuts but its projection is still below that of the Trump administration.