The increase in consumer spending was the fastest in nearly a year as households splurged on recreational goods and vehicles ...
Tuesday’s report from the Commerce Department said U.S. gross domestic product up from its 3.8% growth rate in the April-June quarter.
Real GDP rose at an annualized rate of 4.3% in the third quarter, beating the 3.3% forecast and driven by strong consumer ...
Is the U.S. economy as strong as the latest numbers indicate? Jay Winthrop doesn’t think so. The managing partner of New York-based Douglass Winthrop Advisors, which manages $6.3 billion in assets, ...
If the U.S. economy was really flying high, the Federal Reserve wouldn’t have lowered interest rates last month. So what’s really going on? The economy was still expanding at a decent pace before the ...
ORLANDO, Florida, Oct 6 (Reuters) - The U.S. government shutdown is delaying key economic data releases, thickening the fog of uncertainty for policymakers and businesses, but they needn't worry. They ...
Sometimes there are economic narratives that don’t quite deserve a debunking — they have more than a kernel of truth to them — but rather demand an appropriate level of skepticism. Three such stories ...