Governments have used many indicators to help citizens and policymakers understand the state of their national economies for decades: unemployment, home sales, inflation, and industrial output are all ...

As we wait for the second-quarter GDP numbers to come out at the end of this week, the White House is already playing cleanup by letting the public know that the definition of "recession" is fluid and ...

The White House Council of Economic Advisers said on July 21 that even if Friday's advance estimate of the country's GDP is negative, it's still "unlikely" to be indicative that the country is in a ...

There may be an explanation for why the U.S. economy has been remarkably resilient, growing briskly despite high inflation and interest rates. Maybe it isn’t so resilient after all. This week, the ...

Two deadly hurricanes, Milton and Helene, put lots of people out of work and could add upward pressure to inflation, but the storms are unlikely to put a big dent in the growth of the U.S. economy.

Just yesterday, Federal Reserve Chairman Jerome Powell said the U.S. economy is not in a recession, at least not right now. He acknowledged that preliminary gross domestic product numbers would be ...