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Typically, a recession is defined by a decline in economic activity that lasts more than a few months, the NBER says. But the U.S. economy is still chugging along, with second-quarter GDP growing ...
Recession fears for 2025 are fading fast, with market models and economist forecasts signaling a slim chance of economic contraction. But with optimism running high, could markets be misreading ...
The CEO of the biggest US bank became the latest Wall Street boss to downplay worries that this week's volatility reflects an unhealthy economy but noted that a coming recession was still possible.
A new indicator says there's a 40% chance the US is in a recession that started as early as March. The measure builds on the Sahm rule, using job-vacancy data in addition to unemployment data.
The US is riding high, but one strategist says economic optimism will eventually be cut short as unseen labor weakness bites. That's according to Paul Dietrich, who warned that employment ...
Official economic data shows that a substantial number of nations were in recession as of early 2009. The US entered a recession at the end of 2007, [185] and 2008 saw many other nations follow suit. The US recession of 2007 ended in June 2009 [186] as the nation entered the current economic recovery.
"The economy is not falling into recession." That sentiment was echoed by Bill Adams, chief economist at Comerica Bank, who noted in a tweet that consumer spending, investment and job growth ...
The economic impact of the COVID-19 pandemic in the United States has been widely disruptive, adversely affecting travel, financial markets, employment, shipping, and other industries. The impacts can be attributed not just to government intervention to contain the virus (including at the Federal and State level), but also to consumer and ...