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The Economy
N.Y. Manufacturing Business Conditions Index Dives 42 Points: Weekly Stat
New orders and shipments plunged in August, unfilled orders declined, and inventories edged higher, according to the state's manufacturing executives.
By
Vincent Ryan
| August 17, 2022
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The Economy
U.S. GDP Gain Revised Down to 2.0% for Q2
The government's second estimate of GDP showed a rebound in corporate profits as businesses benefited from strong consumer spending.
By
Matthew Heller
| August 29, 2019
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The Economy
U.S. GDP Revised Down to 2.2%
A weaker inventory buildup than first estimated could bode well for second-quarter gross domestic product numbers.
By
William Sprouse
| May 30, 2018
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The Economy
Corporate Profits Climb 0.5% in 4th Quarter
The gain was the third in four quarters but some analysts are cutting back their forecasts for S&P 500 earnings for the first quarter.
By
Matthew Heller
| March 31, 2017
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The Economy
GDP Growth Revised Down to 1.1% for Q2
Economists expect growth to rebound to more than 3% in the third quarter, with a healthy labor market supporting consumer spending.
By
Matthew Heller
| August 29, 2016
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The Economy
U.S. Corporate Profits Fall 8.1% in 4th Quarter
The slowdown in GDP growth was less than previously estimated but corporate profits continue to be hit by a strong dollar and cheap oil.
By
Katie Kuehner-Hebert
| March 25, 2016
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