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Economic growth

A hot labor market is good, right? So why could it lead to a recession?

by Justin Ho
Jan 3, 2023
Economists say millions of unfilled jobs could limit economic growth.
"We just do not have enough people to fill all those job openings," said Iowa State professor Peter Orazem.
Olivier Douliery/AFP via Getty Images
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I've Always Wondered ...

Is a growing middle class the real key to economic growth? 

by Janet Nguyen
Oct 14, 2022
Ideas are a key ingredient for economic growth. And to generate new ideas, you need … more people.
A reader wants to know if lower-income earners moving up the economic ladder can be an engine for growth.
Justin Sullivan/Getty Images
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Global economic growth will be almost cut in half this year — or will it?

by Nancy Marshall-Genzer
Apr 19, 2022
The IMF forecasts a slowdown in growth from 6.1% in 2021 to 3.6% in 2022. But the pandemic and the war could change its outlook.
The uncertainties of the pandemic and the Russia-Ukraine war make it especially difficult to predict future economic conditions. Above, inside the New York Stock Exchange.
Spencer Platt/Getty Images
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Consumer sentiment offers another window into economic recovery

by Caroline Champlin
Jul 16, 2021
All eyes will be on feelings about inflation for the month of July.
The University of Michigan's consumer sentiment survey One question in the consumer sentiment survey asks people about the big purchases they make for their homes, like appliances and furniture.
Joe Raedle via Getty Images
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China's economic slowdown hurts other nations too

by Mitchell Hartman
Jul 15, 2021
China is the world's second-largest economy. Headwinds it encounters also blow globally.
The display shows the level of Hong Kong's Hang Seng stock index during a February trading session. China's economic growth fell in the second quarter but is still high by global standards.
Isaac Lawrence/AFP via Getty Images
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What exactly is the Consumer Confidence Index? Why does it matter?

by Nancy Marshall-Genzer
Jun 29, 2021
Consumer confidence is about intentions and expectations, helping us predict the future.
The Consumer Confidence Index helps provide a picture of how people feel about the economy.
Kevin Hagen/Getty Images
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The economy seems great for some people, dire for others. What's going on?

by Mitchell Hartman
Jun 24, 2021
There's a disconnect between rising GDP and consumer spending — and the number of people out of work.
GDP is growing but unemployment claims are still high in this two-tiered economy.
Alex Edelman/AFP via Getty Images
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The Federal Reserve

Consumer forecasts of inflation could be a self-fulfilling prophecy

by Nancy Marshall-Genzer
Jun 14, 2021
A Federal Reserve survey found consumers are expecting inflation to hit 4% next year.
Consumers told the New York Fed they expect a 4% inflation rate next year. Officials with the central bank will meet this week to consider adjustments to their interest rate policy.
Scott Olson via Getty Images
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COVID-19

NABE forecasters predict strong economic growth, ongoing recovery in 2021

by Mitchell Hartman
May 24, 2021
The economists say they expect employment to recover and that recent price spikes for some consumer goods should moderate.
The economists surveyed also expect increases in inflation to be short-lived.
Spencer Platt/Getty Images
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Slow U.S. population growth stiffens economic headwinds

by Scott Tong
Apr 27, 2021
Retirees are living longer, the working-age population is shrinking and birthrates are down in the U.S.
New census data suggests a looming labor shortage. Companies may respond by employing older workers or substituting technology for people.
Justin Sullivan/Getty Images
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