A data point used by the Biden administration as evidence the country is not in a recession was revised this week in the latest batch of economic data released by the Commerce Department. And one ...
Not one Republican Senator voted for the so-called 'Inflation Reduction Act,' yet Democrats are ignoring the warning signs and pushing forward with their tax and spend agenda. Images: ...
Last week’s report on economic output recharged speculation about whether the U.S. economy is in a recession. Gross domestic product shrank for the second quarter in a row, a common, but unofficial, ...
WASHINGTON, June 26 (Reuters) - The U.S. economy contracted a bit faster than previously thought in the first quarter amid tepid consumer spending, underscoring the distortions caused by the Trump ...
The US economy is flashing a worrying signal about the health of the consumer. The gap between growth of GDP and gross domestic income hasn't been this large since 2007, Macquarie said. "All this ...
Gross domestic product is a great measure of the economy, but it would be a gross exaggeration to say it’s the only one. The Bureau of Economic Analysis also puts out gross domestic income, value ...
The government’s two main measures of US economic activity diverged in the first quarter, with one gauge painting a picture of weakness. Gross domestic product rose at a revised 1.3% annualized pace ...
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