U.S. Economic Growth Slows to 1.9% in Q3
“There is something of a tug-of-war going on between consumers, who continue to spend, and businesses, which have sharply pulled back on investment.”
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.
GDP Growth Slows to 2.1% in Second Quarter
Consumers increased spending while exporters and manufacturers cut back.
China Posts Lowest Economic Growth in 27 Years
The country’s economy experienced a significant slowdown as it faces trade tensions with the United States.
Growth of Federal Debt Slows, but ‘Unprecedented Levels’ Ahead
The nation’s federal debt is projected to swell over the next 30 years if current laws remain unchanged, CBO says.
Brazil’s 0.2% GDP Drop Fans Recession Fears
"There is a very real risk of contraction, which would take the country into a technical recession," an economist warns.
U.S. Economy Posts Surprise 3.2% GDP Gain
GDP got a boost in Q1 from a sharp decline in imports but economists warn that underlying spending and investment data point to slowing growth.
Consumer Spending Drops 0.5% in December
The biggest drop in spending since 2009 confirmed expectations that the economy will slow down further in the first three months of 2019.
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.
Economic Growth Estimate Stays Put at 3.5%
The latest GDP estimate for the third quarter confirms growth is slowing as the big boost from tax cuts starts to fade.
For Manufacturers, Skills Gap Keeps Widening
Modern technologies, the hot economy, and negative perceptions of the manufacturing industry deepen a skills gap that jeopardizes manufacturers' business.