Since World War Two the U.S. economy has never shrunk for two quarters in a row without a recession being declared, but an exception to the rule could happen soon. Read more
Tag: GDP
Recession fears are slamming the stock market. This GDP tracker explains why.
Rising fears of a recession are getting the blame for the stock market’s renewed slide while also driving a retreat in Treasury yields. A look at a regional Fed bank’s Read more
Most Treasury yields decline as first-quarter GDP is revised lower and recession worries continue
Most Treasury yields eased Wednesday morning as data showed U.S. economic growth unexpectedly contracted by a revised 1.6% annual pace, which was deeper than initially reported. What’s happening? The yield Read more
U.S. stock futures struggle to hold gains after GDP data
U.S. stock futures struggled for direction on Wednesday, leaving Wall Street potentially on course for a third consecutive day of losses, as investors fret that soaring inflation is damaging the Read more
It’s a wrap: U.S. first-quarter GDP shrank 1.6%. The second quarter isn’t looking much better
The numbers: The first quarter is in the books: The economy shrank at a 1.6% annual pace, the government’s final appraisal shows. And the second quarter isn’t looking all that Read more