Ben Casselman
Posts
Job Openings and Hiring Are at a 3-Year Ebb
March data showed a cooling labor market, but layoffs remain low. The overall trend is likely to be welcomed by Federal Reserve policymakers.
U.S. Economy Grew at 1.6% Rate in First-Quarter Slowdown
Gross domestic product, adjusted for inflation, increased at a 1.6 percent annual rate in the first three months of the year.
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.
3 Facts That Help Explain a Confusing Economic Moment
The path to a “soft landing” doesn’t seem as smooth as it did four months ago. But the expectations of a year ago have been...
Housing Costs Continued to Rise Faster than Before the Pandemic
It will be difficult for the Federal Reserve to rein in inflation fully if shelter costs continue to run hot.
Rents Are Falling. So Why Isn’t That Showing Up in Inflation Data?
Pandemic disruptions may have muddled the measurement of home prices in government data. That could complicate the Fed’s course on interest rates.
Three Lessons From a Surprisingly Resilient Job Market
The recovery from the pandemic lockdowns has prompted economists to consider whether their playbook is outdated or just missing a page.
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.
Grounded Boeing Max 9 Jets Could Resume Flying Within Days
The F.A.A. approved inspection guidelines for the 737s, one of which lost a body panel in flight. Alaska Airlines planned to start using them again...
The U.S. Seems to Be Dodging a Recession. What Could Go Wrong?
Economists have become increasingly optimistic about the odds of a soft landing. But as 2024 begins to unfold, risks remain.