The central bank’s GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by 1.5%.
Wages and salaries rose only 0.4% though, with the strength coming from a 1.8% increase in government social benefits, a 1.7% ...
The latest reading from the Atlanta Fed's widely followed GDPNow indicator has just been published, and it appeared to ...
Why did GDP growth fall so sharply from 9.2 percent in FY 24 to 6.5 percent in the current fiscal year?
Consumer spending is anemic except among the richest, while Republican budget proposals threaten to end much of the ...
The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the ...
Canada's gross domestic product in the fourth quarter expanded by 2.6% on an annualized basis, surpassing widespread ...
Governor Newsom unveils a plan for California's economic growth, investing $245 million to create jobs and aid fire-hit areas ...
Canada’s economy perked up in the final months of last year as consumers continued to ramp up their spending, spurred on by the central bank’s rapid-fire interest-rate cuts.