The report says lost goods and services from furloughed workers’ downtime won’t be regained once the government reopens.
The government has been shut down for nearly a month, and the impact is beginning to be felt by the U.S. economy.
Unless the red flags signaling a recession become more pronounced, it probably won’t be clear whether the United States is in a recession until July. A recession requires at least two quarters of ...
The shutdown could have far-reaching effects on Virginia’s economy if it continues into the holidays, say Ian Solomon, dean ...
What is a recession? What are the key indicators of a recession? How do government and central banks respond to recessions? What are the causes of recessions? How can individuals and businesses ...
The US Bureau of Economic Analysis estimated that real GDP contracted at an annualized rate of 0.3 percent in Q1 2025, the first negative reading since Q1 2022. The April 29 GDPNow nowcasts were well ...
A host of important economic statistics recently became available to give us insights into the current state of the U.S. economy. There was negative (annualized) quarterly growth of real GDP, with ...
The disconnect between hard data (which capture measurable performance of the economy and are backward-looking) and soft data (which are typically based on sentiment and expectations and are often ...
The Treasury Minister insists there is no evidence that the Isle of Man is in recession. Figures from the government’s latest ...
Roughly a week ago (Friday, May 2), both the S&P 500 and the Dow Jones Industrials reached a milestone that has not occurred for more than 20 years. That milestone: nine consecutive sessions of higher ...
The Ministry of Home Affairs highlights the slow economic growth in several mining regions due to export delays caused by ...