Broadly speaking, earnings reports have shown that profit growth continues, and results from some big firms, like Microsoft and Facebook’s parent, Meta Platforms, did briefly ease the panic on Wall […]
Gross Domestic Product
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Back to news homeRising Economic Fear Batters Wall Street
But in April, Fed officials began to shift their view, expressed in speeches and other public comments, on how quickly interest rates will have to rise to get inflation under […]
U.S. Economy Grew 1.7% in 4th Quarter, Capping a Strong Year
A Gallup survey conducted this month found that Americans view the economy more negatively than positively — with only 29 percent saying that the economy is improving, while 67 percent […]
China’s GDP Growth Slows as Property and Energy Take a Toll
Volkswagen, the market leader in China, said on Friday that its production had been falling as the company faced an ever-worsening chip shortage and other supply chain issues. The company […]
India’s Economy, Slammed by Covid-19, Needs Its Lost Growth
NEW DELHI — The coronavirus continues to batter India’s damaged economy, putting growing pressure on Prime Minister Narendra Modi to nurture a nascent recovery and get the country back to […]
Japan’s Economy Returns to Growth, but Virus Threat Looms
TOKYO — Japan stepped back into economic growth in the second three months of 2021, but prospects for a more robust recovery looked dim as the country grappled with its […]
U.S. Economy Grew 1.6% in Second Quarter
Now a new threat is emerging in the highly contagious Delta variant of the coronavirus, which has caused cases to soar in much of the country. The Centers for Disease […]
Growth Is Strong, but the Obstacles to Full Recovery Are Big
Most of the time, a 6.5 percent rate of economic growth would warrant celebrations in the streets. Only in the weird economy of 2021 can it be a bit of […]
Consumer Spending Was a Big Factor in G.D.P. Expansion
Consumers are fueling the economic recovery.Consumer spending rose 2.8 percent in the second quarter, helping to offset declines in other parts of the economy. Spending on services was particularly robust […]
One Thing Missing From the Biden Budget: Booming Growth
President Biden’s budget proposal includes billions of dollars for clean energy, education and child care — ideas being sold for their potential to increase America’s economic potential. One thing it […]