Hundreds of billions of dollars invested by California-based tech giants in AI infrastructure accounted for 92% of U.S. GDP ...
Learn how GDP measures U.S. economic growth and its role in policy and budget planning by the Bureau of Economic Analysis.
Fresh government data showed the US economy grew at a much stronger pace than initially estimated – news that dented hopes the Federal Reserve’s will cut rates aggressively in the months ahead. Gross ...
Something in the US economy isn’t adding up, and it’s rattling the people charged with wrangling inflation and keeping the labor market intact. US companies have sharply slowed their hiring this year, ...
Private payrolls plunged in September, complicating the picture for the US economy as policymakers and investors struggle to assess the state of the labor market amid a government shutdown. The Bureau ...
If the U.S. economy was really flying high, the Federal Reserve wouldn’t have lowered interest rates last month. So what’s really going on? The economy was still expanding at a decent pace before the ...
ORLANDO, Florida, Oct 6 (Reuters) - The U.S. government shutdown is delaying key economic data releases, thickening the fog of uncertainty for policymakers and businesses, but they needn't worry. They ...
This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with: What we're watching What we're reading Economic data releases and earnings The ...
Fed report shows slight decline in employment in recent weeks Government shutdown hampered demand in some Fed districts, report says Policymakers divided heading into December 9-10 meeting Nov 26 ...
The surprising resilience of the US economy this year is masking underlying weakness among low- and middle-income households, as higher-income Americans continue to drive growth. This dichotomy ...