After entering a technical recession in 2022, the U.S. economy has proven resilient even amid high interest rates.
WASHINGTON (AP) — The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy ...
The U.S. economic outlook has become more cloudy, however. Trump has promised to cut taxes and ease regulations on business, which could speed GDP growth. But his plan to impose big taxes on imports ...
Treasury yields were down Thursday morning, but pared declines as investors weighed a report showing U.S. economic growth expanded slightly less than expected in the fourth quarter. The yield on the ...
The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product—the economy’s output of goods ...
Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald Trump what many consider a solid economy.
Unemployment also rose from 2.3% to 3.2% in Jackson County and from 3% to 4.6% in Jennings County over the same period.
Economists expect that real GDP grew about 2.5% in the period, below the third quarter’s growth rate, due to a trade deficit ...