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U.S. economy

What does inflation look like?

by Kai Ryssdal and Maria Hollenhorst
Feb 23, 2021
Inflation’s been hard to find in this economy for years, but what if that changes?
At 2% inflation, the Federal Reserve's target rate, it takes about 35 years for prices to double.
Photo by Joe Raedle/Getty Images
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U.S. economy shrank 3.5% in 2020 after growing 4% last quarter

by Associated Press
Jan 28, 2021
Last year saw the worst decline for U.S. GDP in 74 years.
Mark Ralston/AFP via Getty Images
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Fed plans to keep interest rates near zero through 2023. What else can it do for the economy?

by David Brancaccio , Nancy Marshall-Genzer and Alex Schroeder
Sep 17, 2020
Fed Chair Jerome Powell said another relief package from Congress will likely be needed.
The Fed can't make grants. That's Congress' job. "These are lending powers, not spending powers," Fed Chair Jerome Powell said Wednesday.
Brendan Smialowski/AFP via Getty Images
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U.S. debt is hitting historic heights. How much of a problem is that?

by David Brancaccio , Candace Manriquez Wrenn , Erika Soderstrom and Alex Schroeder
Sep 3, 2020
The last time the deficit was this high, as a percentage of the total economy, was 1946.
A national debt counter from mid-June. The U.S. is approaching a position it has not seen since World War II, as the amount of government debt is on pace to exceed the size of the nation's economy.
Olivier Douliery/AFP via Getty Images
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COVID-19

U.S. economy shrank at record-breaking 33% rate last quarter

by Associated Press
Jul 30, 2020
It's by far the worst quarterly plunge ever.
The Commerce Department’s estimate of the second-quarter decline in GDP marked the sharpest such drop on records dating to 1947.
Valerie Macon/AFP via Getty Images
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Government shutdown 2019

Fed Gov. Lael Brainard on the longest shutdown in history

by Kai Ryssdal and Sean McHenry
Jan 18, 2019
The economy has been "pretty healthy," she says, but the shutdown is one of the downside risks the Fed is watching.
"Every time that the economy gets to a shutdown or a debt limit, you really do sense that desire from Americans across the country for the government to function well, and to be predictable, and I think that's what we're seeing today. People want to go back to work. They want to get their paychecks. This is affecting communities all over the country," said member of the Federal Reserve Board of Governors Lael Brainard.  
Stuart Isett/Fortune
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Outgoing AEI president wants a healthy "competition of ideas"

by Kai Ryssdal
Aug 30, 2018
Arthur Brooks explains why ideas are the engine of the economy.
American Enterprise Institute president Arthur C. Brooks
Allison Shelley/Getty Images
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Trump's State of the Union: Our predictions

by Marketplace Staff
Jan 30, 2018
Here's what we'll be listening for tonight.
A view of the U.S. Capitol a day before the State of the Union address by President Donald Trump on Jan. 29, 2018, in Washington, D.C.
BRENDAN SMIALOWSKI/AFP/Getty Images
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With tax out of the way, trade will be on Trump’s January agenda

by Aaron Schrank
Jan 4, 2018
With a sweeping tax overhaul out of the way, trade could be the next big item on President Donald Trump’s agenda. In the next few weeks, he’ll be making decisions about protecting U.S. industries from global competition. But he’s facing pressure from those who say tariffs will only hurt the U.S. economy.  Click the audio […]
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The U.S. dollar loses ground

by Ryan Kailath
Jan 2, 2018
The value of the dollar dropped some 10 percent in 2017. That’s the greenback’s worst performance in more than a decade. And analysts say the dollar could lose even more ground this year.  Click the audio player above to hear the full story. 
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