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There is a longstanding debate about whether the data is accurate. Some are skeptical of government officials’ projections of 5% growth.
Reduced government spending can have an impact on the broader economy. But economists say the effects will likely be limited.
Profits fell for the second quarter in a row, partly due to Fed rate hikes. Whether it’s a good thing depends on your role in the economy.
Zanny Minton Beddoes, editor-in-chief of The Economist, explains why the U.S. economy may be stronger than it looks.
Inflation was up and inventories down, but consumer spending kept GDP growing — albeit at a slower pace.
It may be hard to tell from some data out Friday, which is for February. But we may still get a read on whether consumer sentiment is changing.
The Bureau of Economic Analysis revised GDP down to 2.7% from the fourth quarter of last year.
The economy grew, but not as much as expected. Some parts of the economy are slowing, but not as much as expected.
Rising interest rates plus a strong dollar equals stiff economic headwinds.
GDI should be close to GDP, theoretically. It’s not.