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Ben Casselman
Posts
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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.
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More Americans Say Finances Are Tighter Because of Inflation
A new Federal Reserve survey finds that the strong job market hasn’t been enough to offset the rising cost of living for many families.
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Wages Continue to Grow, Good for Workers but a Worry for the Fed
Wages and salaries for workers rose 5.1 percent from a year earlier, which helps employees keep up with the rising cost of living but complicates...
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G.D.P. Report: What to Look For
U.S. economic data on Thursday morning is expected to show that the year opened with the third straight quarterly expansion in gross domestic product.
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Unemployment Is Low. Inflation Is Falling. But What Comes Next?
Despite hopeful signs, economists worry that a recession is on the way or that the Federal Reserve will cause one in trying to rein in...
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Banking Crisis Hangs Over Economy, Rekindling Recession Fear
Borrowing could become tougher, a particular blow to small businesses — and a threat to the recovery’s staying power.
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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.
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Why The Times is resuming its emphasis on annualized figures for G.D.P.
The pandemic shock is no longer producing exceptional economic gyrations.
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US Economy Grew at 2.6% Annual Rate in Q3, GDP Report Shows
Gross domestic product increased 0.6 percent after two quarters of decline, but key components continue to show an economic slowdown.