Consumers Make Sudden U-Turn, Voice Concern About the Economic Future

The turnaround in sentiment marks a reversal from consumer optimism that had built up ahead of the November election and its immediate aftermath. Since then, readings on inflation have shown it is ... Read More

An analyst looks ahead to how the US economy might fare under Trump

President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working in ... Read More

US consumer spending solid; inflation showing progress as year ends

U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's resilience, which saw the Federal Reserve this week projecting fewer ... Read More

Economists Boost 2025 US Inflation Forecast on Tariff Concerns

Economists raised their projections for US inflation next year on tariff concerns and now expect one less interest-rate cut from the Federal Reserve than they anticipated a month ago. Read More

US consumer spending rises in November; monthly inflation subsides

Consumer spending, which accounts for more than two-thirds of US economic activity, rose last month after a downwardly revised 0.3% gain in October. Read More

US economic outlook: December 2024

Growth appears likely to pick up in 2026 once the initial impacts of the tariffs fade and the full suite of Republican policy changes go into effect. Specifically, the economy would receive a boost ... Read More

Third-quarter GDP marked higher, jobless claims ease as US economy flexes muscle

Third-quarter gross domestic product (GDP) was revised higher Thursday following a substantially stronger projection for U.S. economic performance released Wednesday by the Federal Reserve. GDP ... Read More

US economy grows at 3.1% pace in third quarter, an upgrade from previous estimate

The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports, the government said in an upgrade to its previous ... Read More

Eggs boost US producer prices in November, but services inflation slowing

U.S. producer prices increased by the most in five months in November, but a moderation in the costs of services such as portfolio management fees and airline fares offered hope that the ... Read More