Tag: economic growth
Federal Reserve leaves interest rates unchanged
WASHINGTON (AP) – The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn't plan to...
Job gains and free-spending shoppers lifted Wall Street in 2023, but...
NEW YORK (AP) – Job gains and raises helped power solid economic growth in the U.S. last year, but what if those gains were a mirage?
Gross...
U.S. economic growth for last quarter is revised up to a...
WASHINGTON (AP) – Shrugging off higher interest rates, America's consumers spent enough to help drive the economy to a brisk 5.2% annual pace from...
Congressional Budget Office predicts slower economic growth and 4.7% unemployment into...
WASHINGTON (AP) – The Congressional Budget Office reported Wednesday that economic and job growth so far this year has been stronger than forecast in February, but...
U.S. revises down last quarter’s economic growth to 2.7% rate
WASHINGTON (AP) – The U.S. economy expanded at a 2.7% annual rate from October through December, a solid showing despite rising interest rates and...
U.S. slightly revises up its GDP estimate for Q4 to 7%
WASHINGTON (AP) – The U.S. economy ended 2021 by expanding at a brisk 7% annual pace from October through December, the government reported Thursday...
Put a stop to economic growth? Huge mistake
One of the more pernicious ideas now coming into vogue is that societies should voluntarily halt their economic growth. In a recent New Yorker...
U.S. growth slows to 2.1% as trade tensions weigh on businesses
WASHINGTON – U.S. economic growth slowed in the second quarter by less than forecast as consumer spending topped estimates, though weaker business investment and exports...
Manufacturing replaced by … a museum
My wife and I recently spent two nights in North Adams, an old industrial city in the northwestern corner of Massachusetts, at a lodging...
With the election now settled, do you think that Rhode Island...
A major issue in any election is the economic health of the city/state/country that is holding the vote, and nowhere was the issue debated...
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