YoY for Q1 2025. Declining consumer spending & exports signal risks of recession. Click here to read more about the U.S. economy.

Washington, D.C.-based Tax Foundation estimated tariffs from President Donald Trump’s first term (and often retained by ...

There is no official definition of a recession, but most agree it’s marked by a long period of economic turmoil.

Brian Moynihan, the CEO of BofA, said Wednesday that consumer spending remains strong, and that means the U.S. economy is in ...

Economic profit contrasts from net income by subtracting both usual costs and missed alternative profits. Short-term economic losses may lead to long-term gains if underlying business strategies ...

That’s raising questions on what America’s souring economic mood means for spending, hiring and the future of the world’s largest economy. “The kinds of changes that are occurring under ...

Consumer spending accounts for about two-thirds of gross domestic product (GDP), meaning it is the primary driver of economic growth. Given the present weakness, advanced estimates suggest first ...