Economic Growth/Recession
- Stock Market
‘It seems everyone is bracing for a recession’: U.S. factories contract for third month in a row, ISM finds
The numbers: A key barometer of American factories contracted for the third month in a row to 47.4% and touched the…
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Inflation rate slows again to 15-month low, PCE shows, as U.S. economy weakens
The numbers: The cost of U.S. goods and services rose a scant 0.1% in December in yet another sign inflation…
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U.S. economy grew a sturdy 2.9% at the end of 2022, GDP shows — but don’t look for a repeat soon
The numbers: The economy grew at a robust 2.9% annual pace in the fourth quarter, but the U.S. faces tough…
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U.S. stocks climb as GDP report shows economy taking Fed’s rate hikes in stride
U.S. stocks opened higher on Thursday as optimism over Tesla’s earnings results and a stronger-than-expected GDP report left investors in…
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Tesla is a ‘soft landing’ stock, says Goldman Sachs. Here are its picks for a gentle economic landing and stocks for a recession.
Pour one out for the beleaguered economists, who for once got an important indicator, the consumer price index, right on…
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First negative ISM reading since early pandemic is more proof U.S. economy is slowing
The numbers: A barometer of U.S. business conditions at service-oriented companies such as retailers and restaurants fell to 49.6% in…
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U.S. adds robust 223,000 jobs in December. Wage growth slows in sign of ebbing inflation pressures
The numbers: The U.S. generated 223,000 new jobs in December to mark the smallest increase in two years, but the…
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‘Recession is what everyone is betting on,’ says money manager, as 2023’s first trading day fizzles
In the first trading day of the new year, U.S. financial markets were bogged down by the almost universal view…
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U.S. economy grew at revised 3.2% rate in third quarter
The numbers: The U.S. expanded at an annual 3.2% annual rate in the third quarter, a more robust pace of…
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What NASA knows about soft landings that the Federal Reserve doesn’t
The Federal Reserve still has a chance to meet both of its main goals — strong economic growth and stable…
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