The Federal Reserve Bank of Boston had an interesting piece last month about the resilience of consumer spending which is ~70 ...
Economic growth came in pretty strong for the fourth quarter of 2024. As we learned on Thursday, GDP rose at an annual rate of 2.3%. And consumer spending is a key contributor. It rose 4.2% for the ...
If gross domestic product is the measure of how well the economy is doing, then the economy is doing pretty well. The report out Wednesday shows GDP was up 2.8% in the third quarter, marking about two ...
The Atlanta Fed’s GDPNow model now estimates real GDP growth of 3.4% in the third quarter of 2025, up from 3.1% just six days ...
Neither business leaders nor consumers needed to hear Wednesday’s dismal news that the U.S. economy shrank 0.3 percent during the first quarter of 2025 to voice their concerns about the way things are ...
Consumers splurged on goods in particular, but also on services, and they accounted for 69% of GDP and moved the GDP needle. The trade deficit worsened further, driven by rampant consumer spending and ...
The shocking strength of the economy helps explain the Federal Reserve’s Scrooge-like plans for interest-rate cuts next year. And the latest update on GDP over the summer offers another reminder. The ...
Real gross domestic product is often a more accurate reflection of the output of an economy than nominal GDP. By eliminating ...
CINCINNATI (WKRC) — Concerns are mounting that tariffs could jeopardize Halloween and cripple Christmas, as recent news of a drop in the Gross Domestic Product (GDP) adds to economic uncertainty. The ...
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