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 ...

America’s GDP fell at a 0.9% annualized rate in the second quarter, a preliminary estimate from the Bureau of Economic Analysis showed Thursday morning. The report marks the second straight quarter of ...

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 ...