The central bank's GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by 1.5%.

The weakness in spending has troubling implications for first-quarter economic growth. Plus, investment newsletter commentary ...

The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the ...

Wages and salaries rose only 0.4% though, with the strength coming from a 1.8% increase in government social benefits, a 1.7% ...

The Atlanta Fed’s GDPNow forecast for the first-quarter was just revised to show a contraction at a 1.5% annual rate. This would be the first quarterly contraction in the economy since the first ...

Government spending makes up 6% of total gross domestic product. And besides, spending cuts come with economic ripple effects ...

Chief Economic Adviser V. Anantha Nageswaran highlighted that India's growth rate remains strong compared to both advanced ...

A rewind of how the U.S. economy performed in the final three months of 2024 still looks pretty darn good: The increase in ...

A new analysis shows that the top 10% of earners are behind almost half of all consumer spending, which is almost 70% of GDP.

Canada’s economy grew 2.6 per cent in the fourth quarter of 2024, Statistics Canada said on Friday, blowing past expectations ...