Consumer spending, the chief engine of economic growth, was not enough to stop an overall pullback in U.S. gross domestic product (GDP). And with evidence...
It’s a truism that as the U.S. consumer goes, so goes the economy. And consumers are still opening their wallets and purses, tapping to pay,...
Consumer spending and private inventory investment are driving an increase in real gross domestic product (GDP), the Bureau of Economic Analysis (BEA) said Thursday (Aug....
Economic data frequently comes in stages: There’s the initial estimate, and then a revision. Get the Full Story Complete the form to unlock this article...
And now it seems the slowdown is here. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The U.S. Census Bureau revised its wholesale inventories estimate for January downward Wednesday (March 6). Get the Full Story Complete the form to unlock this article and...
The latest readings of gross domestic product (GDP) have been revised down — at least a bit. Get the Full Story Complete the form to...
Strong consumer spending this summer helped drive economic growth in the U.S. Get the Full Story Complete the form to unlock this article and enjoy...
“Worst quarter ever.” It sounds like a bit of hyperbole, but that’s an accurate description of the quarter that started in March and ended in June...