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Ben Casselman
Posts
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How a Government Shutdown Could Affect the Economy
A short lapse in funding would probably do only modest damage. But it could send a troubling signal about government dysfunction.
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The Economy Is Finally Stable. Is That About to Change?
President-elect Donald J. Trump’s proposals on tariffs, immigration, taxes and deregulation may have far-reaching and contradictory effects, adding uncertainty to forecasts.
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U.S. Data Agency Blames Old Tech and Other Failures for Missteps
The Bureau of Labor Statistics, which tracks jobs and inflation, issued a report on what caused embarrassing episodes in which data was released improperly.
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Republicans and Democrats Highly Divided in Economic Outlook Under Trump
Consumer sentiment among Republicans has soared to its highest point since Donald J. Trump left the White House, while declining among Democrats.
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GDP Report Shows US Economy Grew at 2.8% Rate
In a key economic report released just days before the presidential election, growth was again driven by robust consumer spending.
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Have Paychecks Kept Up With the Cost of Living?
On average, wages have risen faster than prices in recent years. But not all Americans are getting ahead.
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U.S. Economy Had Stronger Rebound From Pandemic, G.D.P. Data Shows
Updated figures show that gross domestic product, adjusted for inflation, grew faster in 2021, 2022 and early 2023 than previously reported.
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Why Low Layoff Numbers Don’t Mean the Labor Market Is Strong
Past economic cycles show that unemployment starts to tick up ahead of a recession, with wide-scale layoffs coming only later.
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Has the Spread of Tipping Reached Its Limit? Don’t Count on It.
Both major presidential candidates propose exempting tips from taxes. That could encourage more reliance on tipping, and leave workers vulnerable.
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U.S. Added 818,000 Fewer Jobs Than Reported Earlier
The Labor Department issued revised figures for the 12 months through March that point to greater economic fragility.