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 […]
Gross Domestic Product
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Back to news homeJapan’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 […]
U.S. Economy’s Strong Start Signals a Stellar Year
Consumers shook off the pandemic blues as 2021 began, putting stimulus checks to work buying cars and other goods and helping set the stage for what could be the fastest […]
The Economy Is (Almost) Back. It Will Look Different Than It Used To.
The housing sector is experiencing nearly as big a surge. Residential investment was 14.4 percent above its prepandemic trend, representing $90 billion a year in extra activity. And that was […]
As Economy Rebounds, Manufacturers Face New Hurdles
Matt Guse would hire a dozen machinists — if only he could find them.The owner of MRS Machining, a maker of precision metal parts in rural Augusta, Wis., Mr. Guse […]
Now That Everyone Is Bullish, Be Cautious
As businesses shuttered and workers stayed home, the gross domestic product, a broad measure of goods and services, plummeted in the United States. G.D.P. dropped 5 percent in the first […]