The Bureau of Economic Analysis said the improved second-quarter GDP results are credited to a decrease in imports, which 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 ...
Consumers are still spending like mad. But increasing unemployment and a decline in business investment are worrying ...
The latest gross domestic product report came in Thursday morning. It showed that last year ended with a moderating growth rate in the fourth quarter. But overall, GDP was strong in 2024, coming in at ...
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 ...
The shocking strength of the economy helps explain the Federal Reserve’s Scrooge-like plans for interest-rate cuts next year. And the latest update on GDP over the summer offers another reminder. The ...
The U.S. economy expanded at a solid pace in the third quarter, largely powered by a broad-based advance in consumer spending and steady business investment. Gross domestic product increased at a 2.8% ...
Consumer spending growth was revised up to +2.5% in Q2. The first estimate had pegged consumer spending growth at a ...
On October 1, 2025, reports highlighted a perplexing disconnect in the U.S. economy. Despite strong stock market performance, GDP growth, and moderating inflation, public sentiment remains pessimistic ...
Discover why strong consumer spending and GDP growth signal resilience for the US economy. Explore bullish insights for today ...
CINCINNATI (WKRC) - Consumer confidence has plummeted to its lowest level since January 2021, raising concerns about the potential impact on the economy. While traditional metrics like GDP and ...
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...