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A Closely Watched Measure of Inflation Slowed in December

Federal Reserve System Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) United States Economy

A Closely Watched Measure of Inflation Slowed in December

The Personal Consumption Expenditures price index climbed 5 percent from a year earlier, slower than the reading last month.

By Jeanna Smialek

Consumer Spending Slid Again in December

Consumer Behavior Federal Reserve System Inflation (Economics) Interest Rates United States Economy

Consumer Spending Slid Again in December

Fresh data offered more detail on how shoppers retrenched at the end of 2022.

By Ben Casselman and Jeanna Smialek

U.S. Economy Grew at 2.9% Annual Rate in Fourth Quarter

Commerce Department Consumer Behavior Coronavirus (2019-nCoV) Federal Reserve System Gross Domestic Product Inflation (Economics) Interest Rates International Trade and World Market Recession and Depression United States Economy

U.S. Economy Grew at 2.9% Annual Rate in Fourth Quarter

Activity at the end of last year showed the resilience of American consumers and businesses in the face of rising inflation and interest rates.

By Ben Casselman

The U.S. economy grew at an annual rate of 2.9 percent in the fourth quarter.

Commerce Department Consumer Behavior Coronavirus (2019-nCoV) Federal Reserve System Gross Domestic Product Inflation (Economics) Interest Rates International Trade and World Market Recession and Depression United States Economy

The U.S. economy grew at an annual rate of 2.9 percent in the fourth quarter.

Forecaste

By Ben Casselman