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U.S. Economy Grew at 1.6% Rate in First Quarter Slowdown

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U.S. Economy Grew at 1.6% Rate in First Quarter Slowdown

Consumers ensured that growth continued, but the latest data showed signs of vulnerability elsewhere.

By Ben Casselman

U.K. Economy Shrank as 2023 Ended, Tipping Into Recession

Bank of England Economic Conditions and Trends Great Britain Gross Domestic Product Inflation (Economics) Interest Rates Labor and Jobs Recession and Depression

U.K. Economy Shrank as 2023 Ended, Tipping Into Recession

Growth contracted 0.3 percent from October to December, the latest sign of a lackluster economy slowed by weak retail sales.

By Eshe Nelson

U.S. Economy Grew at 3.3% Rate in Latest Quarter

Commerce Department Consumer Behavior Credit and Debt Federal Reserve System Gross Domestic Product Income Inflation (Economics) Prices (Fares, Fees and Rates) Recession and Depression Stocks and Bonds United States Economy

U.S. Economy Grew at 3.3% Rate in Latest Quarter

The increase in gross domestic product, while slower than in the previous period, showed the resilience of the recovery from the pandemic’s upheaval.

By Ben Casselman

War Has Already Hurt the Economies of Israel’s Nearest Neighbors

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War Has Already Hurt the Economies of Israel’s Nearest Neighbors

The impact on global growth of the Middle East violence has so far been contained. That’s not the case for Egypt, Lebanon and Jordan, which were already struggling.

By Patricia Cohen