GDP Archives - CFO

GDP Contracts 0.9%, Fed Raises Rates 0.75% As Tightening Cycle Continues

GDP Contracts 0.9%, Fed Raises Rates 0.75% As Tightening Cycle Continues

"The Fed has a high pain threshold to get inflation back to target," warned analysts.

By Vincent Ryan | July 28, 2022

Tracking GDP Growth Estimates: Weekly Stat

Tracking GDP Growth Estimates: Weekly Stat

The Atlanta Fed's GDPNow model now projects 0% growth for the second quarter.

By Vincent Ryan | June 17, 2022

U.S. GDP Growth Slows to 2% in 3rd Quarter

U.S. GDP Growth Slows to 2% in 3rd Quarter

"The October-December quarter will be very different; spending on services is already rebounding as delta subsides.”

By Matthew Heller | October 28, 2021

Ida’s Economic Toll Seen as Relatively Modest

Ida’s Economic Toll Seen as Relatively Modest

Analysts estimate insurance industry losses from the hurricane will hit around $10 billion, one-tenth of the toll of Katrina.

By Matthew Heller | August 31, 2021

U.S. Economy Surges Back to Pre-Virus Levels

U.S. Economy Surges Back to Pre-Virus Levels

GDP rose at an annual rate of 6.5% in Q2 but shortages of workers and supplies of crucial products could slow growth for the rest of the year.

By Matthew Heller | July 29, 2021

U.S. Economy Shakes off Virus, Surges 6.4%

U.S. Economy Shakes off Virus, Surges 6.4%

“We’re at the opening stages of what could be a very strong six to nine months for the U.S. economy as it emerges from the pandemic."

By Matthew Heller | April 29, 2021

Business Inventories Increase 0.5% in February

Business Inventories Increase 0.5% in February

February’s gain in the GDP component, which was in line with economists’ expectations, followed a 0.4% advance in January.

By Matthew Heller | April 15, 2021

Pre-Pandemic Job Levels Not Happening Until 2023: Economists

Pre-Pandemic Job Levels Not Happening Until 2023: Economists

Still, 82% of NABE panelists forecast real U.S. GDP would return to pre-pandemic recession levels sometime this year.

By Vincent Ryan | March 22, 2021

U.S. Economic Growth Slows to 4% in Q4

U.S. Economic Growth Slows to 4% in Q4

After the worst year for the economy since at least the end of World War II, economists are still hopeful of a faster recovery in the second half of 2021.

By Matthew Heller | January 28, 2021

IMF More Optimistic on Global Growth

IMF More Optimistic on Global Growth

The latest World Economic Outlook revised growth estimates but warned pandemic risks remain.

By Lauren Muskett | January 27, 2021

U.S. GDP Surges by Record 33.1% in Q3

U.S. GDP Surges by Record 33.1% in Q3

Economists are sticking to estimates of only 4% growth in the fourth quarter and a prolonged recovery from the coronavirus recession.

By Matthew Heller | October 29, 2020

Japan’s GDP Falls More Than 28%

Japan’s GDP Falls More Than 28%

The drop is the largest on record since 1955.

By Lauren Muskett | September 8, 2020

Japan’s GDP Falls by Record 27.8% in Q2

Japan’s GDP Falls by Record 27.8% in Q2

Japan’s economy entered a recession even before the coronavirus pandemic and could be facing a long road to recovery.

By Matthew Heller | August 17, 2020

U.S. Economy Shrinks by Record 32.9% in Q2

U.S. Economy Shrinks by Record 32.9% in Q2

“It’s a very deep and dark hole and we’re coming out of it, but it’ going to take a long time to get out.”

By Matthew Heller | July 30, 2020

Infectious Economy: The Quiz

Infectious Economy: The Quiz

The COVID-19 pandemic threw the U.S. economy into a tailspin. Take our quiz to see how much you recall about the first months of the outbreak.

By CFO Staff | June 26, 2020