Neither business leaders nor consumers needed to hear Wednesday’s dismal news that the U.S. economy shrank 0.3 percent during the first quarter of 2025 to voice their concerns about the way things are ...

Economic growth came in pretty strong for the fourth quarter of 2024. As we learned on Thursday, GDP rose at an annual rate of 2.3%. And consumer spending is a key contributor. It rose 4.2% for the ...

The Conference Board’s Consumer Confidence Index increased in November 2024 to 111.7, the highest level since July 2023. The surge in confidence followed a swift and decisive outcome to the U.S.

If gross domestic product is the measure of how well the economy is doing, then the economy is doing pretty well. The report out Wednesday shows GDP was up 2.8% in the third quarter, marking about two ...

The Federal Reserve cut interest rates last week because of fresh worries about the jobs market, but the broader U.S. economy still appears to be in pretty good shape thanks to American consumers.

Consumers splurged on goods in particular, but also on services, and they accounted for 69% of GDP and moved the GDP needle. The trade deficit worsened further, driven by rampant consumer spending and ...

Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation. GDP is the total market value of all final goods and ...

The big news this past month is that GDP, or gross domestic product, contracted in the fourth quarter. Wednesday's release came in at minus 0.3% on an annualized basis, marking GDP's first decline in ...

US GDP dipped by an annualized rate of 0.3%, adjusted for inflation (“real GDP”), after growth rates of 2.4% in Q4, 3.1% in Q3, and 3.0% in Q2. A massive spike in imports, by far the worst ever, on ...

So how well is the economy actually doing right now? "This is one of those cases where despite the the top line number ...

The broader U.S. economy still appears to be in pretty good shape thanks to American consumers The Federal Reserve cut interest rates last week because of fresh worries about the jobs market, but the ...