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 ...
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 economy contracted at a 0.2% annual rate in the first quarter of 2025, the Bureau of Economic Analysis said Thursday in a revision to its estimate of GDP. A preliminary report from the agency ...
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 ...
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 Treasury Minister insists there is no evidence that the Isle of Man is in recession. Figures from the government’s latest ...
The bank's governor, Andrew Bailey, said for nearly a decade he had been careful to "take no position on Brexit" but when ...