Recession and Depression – Page 23

Consumer Spending Rose More Than Expected in April

New data on spending and income suggest that the economy remains robust despite the Federal Reserve’s interest rate increases.

By Ben Casselman

Economic Conditions and Trends Europe Germany Inflation (Economics) Recession and Depression Wages and Salaries

German Economy Slipped Into Recession in First Quarter

Consumer spending and exports fell in the first three months of this year, adding to a slump in late 2022 in Europe’s largest economy.

By Melissa Eddy

Economic Conditions and Trends Great Britain Gross Domestic Product Inflation (Economics) Recession and Depression

U.K. Economy Continues to Grow Slowly

The increase of 0.1 percent in the three months that ended in March, which was driven by construction and information services, matched the slow rise in the previous quarter.

By Eshe Nelson

Federal Reserve System Hiring and Promotion Interest Rates Labor and Jobs Labor Department (US) Layoffs and Job Reductions Recession and Depression Unemployment United States Economy

U.S. employers added 253,000 jobs in April.

The unemployment rate fell to 3.4 percent as the labor market showed enduring strength.

By Lydia DePillis