Consumer spending has been the most important driver of economic growth over the past year.
The economy endured some turbulence and managed some unexpected wins.
Nobel laureate Joseph Stiglitz pointed to several concerns he had about the US economy, like the decline in blue-collar jobs ...
U.S. economic growth slowed in the final three months of last year, dragged down by the six-week shutdown of the federal government and a pullback in consumer spending.
Goldman Sachs analysts have suggested that the impact of AI on the US economy was "basically zero" in 2025. The investment bank argued that large language ...
The American consumer’s confidence in the U.S. economy improved slightly in February after cratering a month earlier.
The economy had grown by 4.4% the quarter prior.
The U.S. economy grew at a rate of 1.4% in the fourth quarter of 2025, according to an estimate released on Friday by the ...
The US economy grew at a much slower pace in the final months of 2025 as the historic government shutdown weighed on economic activity, ending a year that saw the weakest growth since the pandemic.
With demand holding up, inflation heated up last quarter. The price index for gross domestic purchases, which measures prices ...
WASHINGTON, Feb 20 (Reuters) - U.S. economic growth likely slowed to a still-solid pace in the fourth quarter because of disruptions from last year's government shutdown and a moderation in consumer ...