The Federal Reserve has only a “narrow” role regarding climate change risks – to make sure banks understand and manage the financial risks associated with warming temperatures, the central bank’s Read more
Tag: GDP
Construction spending rises by 0.2% in November
Outlays for construction projects rose 0.2% in November to $1.81 trillion, the Commerce Department reported Tuesday. Wall Street was expecting a drop of 0.4%. Spending in October fell a revised Read more
MarketWatch Live: Stocks boosted after upward revision to U.S. third-quarter GDP
MarketWatch Live: Stocks boosted after upward revision to U.S. third-quarter GDP
U.S. grew 2.9% in third quarter, GDP shows, and there’s little sign of recession for now
The numbers: The economy grew at an annual 2.9% pace in the third quarter, updated figures show, and the U.S. is on track to expand again in the waning months Read more
U.S. productivity picks up a bit in third quarter
The numbers: U.S. productivity rose at a 0.3% annual clip in the third quarter, the government said Thursday. That’s the first gain after two straight sharp quarterly declines. Economists surveyed Read more
GDP looked great for the U.S. economy, but it really wasn’t
Did the U.S. economy really sink into recession in the first half of 2022? And did it just re-emerge from recession and begin to expand again by late summer? The Read more
GDP grows 2.6% in the third quarter — but recession worries aren’t going away
The numbers: The economy grew at an annual 2.6% pace in the third quarter, rebounding from two consecutive declines in the first half of the year that sparked debate about Read more
Economic Report: No recession yet: GDP forecast to grow again in the third quarter. But after that …
Good news: The U.S. economy grew again in the third quarter after shrinking in the first six months of the year. The bad news? It not going to stop growing Read more
GDP set to turn positive again due to shrinking U.S. trade deficit and end ‘rule-of-thumb’ recession
The numbers: The U.S. international trade deficit fell in August to a 15-month low of $67.4 billion, paving the way for a resumption of growth in gross domestic product in Read more
Shrinking U.S. trade deficit to turn GDP positive again
The numbers: The trade deficit fell in August to a 15-month low of $67.4 billion, paving the way for a resumption of growth in U.S. gross domestic product in the Read more