The ADP payroll report is an independent measure of the labor market based on the anonymized weekly payroll data of more than 26 million private-sector employees in the United States. ADP’s Pay Insights captures over 15 million individual pay change observations each month.

Wednesday on surprisingly strong job growth and service sector data, which suggests the economy is in decent shape and calls into question how much lower the Federal Reserve needs to cut interest rates.

The large services side of the U.S. economy grew in October at the fastest pace in eight months with the help of lower interest rates, but businesses expressed lingering worries over high tariffs and said the government shutdown could also cause pain if it drags on.

The reversal of fortune from a year ago was stark. Back then, voters returned Trump to the White House on the promise that he could quickly bring down inflation, jump-start factory hiring and shower the country in newfound wealth from steep tariffs he imposed on U.S. allies the world over.

The U.S. consumer's durability as a prop for the economy may be tested in coming weeks as family budgets, particularly among the less affluent, are stressed by rising healthcare costs, the potential loss of federal food benefits,

Morgan Stanley's Mike Wilson was a lonely voice on Wall Street calling a "rolling recession" when others saw a boom. Now he sees a "rolling recovery."

U.S. economists may be barely holding on by their fingernails over the current state of the American economy, but strangely, consumers don’t seem to care. Here’s why.

About half of Americans view the large U.S. trade deficit with other countries as an economic emergency, according to a poll released on Tuesday, a day before the Supreme Court is due to consider the legality of sweeping tariffs imposed by President Donald Trump under a law meant for emergencies.

The government shutdown is heading into record territory and that could be bad news for the American economy. The need to come up with a solution could become more critical. Currently around 1.4 million government employees are on unpaid leave or working without pay.

So, some Federal Reserve branches model GDP. The Atlanta Fed estimates the economy grew at a healthy annual rate of 3.9% last quarter; New York has a more modest 2.4%. And the St. Louis Fed: just 0.6%.

The shape of economic growth this year highlights the widening gap between wealthy Americans and everyone else, economists say.