Consumers ensured that growth continued, but the latest data showed signs of vulnerability elsewhere.
Category: Gross Domestic Product
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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.
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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.
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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.
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The Stock and Bond Markets Are Getting Ahead of the Fed
Stock and bond markets have been rallying in anticipation of Federal Reserve rate cuts. But don’t get swept away just yet, our columnist says.
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Fed Officials Hint That Rate Increases Are Over, and Investors Celebrate
Stocks and bonds were buoyed after even inflation-focused Federal Reserve officials suggested that rates may stay steady.
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What Long-Term Care Looks Like Around the World
Most countries spend more than the United States on care, but middle class and affluent people still bear a substantial portion of the costs.
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U.K. Economy Stagnates as High Interest Rates Take Toll
The British economy flatlined in the third quarter, entering what is expected to be a protracted period of stagnation.
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U.S. Economic Growth Accelerated in the Third Quarter
Gross domestic product expanded at a 4.9 percent annual rate over the summer, powered by prodigious consumer spending. But the pace is not expected to be sustained.
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China’s Economy Grew More Than Expected Over the Summer
The government spent heavily on infrastructure, state-owned banks financed a boom in factory construction and consumers spent more, but the housing sector stumbled.
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U.S. Government Shutdown Is Unlikely to Cause an Immediate Recession
White House and Wall Street estimates suggested the economy could withstand a brief shutdown, with risks mounting the longer it lasts.