Aug 22 Watch 6:25 Why skyrocketing federal debt will mean the next recession is harder to overcome The Congressional Budget Office says the U.S. deficit is reaching its highest levels since the end of World War II, when considered as a share of the total economy. In the next decade, it's projected to grow by $800 billion… Continue watching
Aug 19 Majority of economists expect a recession by 2021, survey finds By Associated Press Thirty-four percent of economists surveyed by the National Association for Business Economics said they believe a slowing economy will tip into recession in 2021, while 38% predict a recession will occur in 2020. Continue reading
Jul 30 What is GDP and is it the best way to measure the economy? By Gretchen Frazee Since the Great Recession, economists have increasingly questioned whether GDP is the best way to measure an economy’s health, and whether it disregards key factors that affect people’s well-being. Continue reading
Jul 15 China’s economic growth drops to lowest in 26 years By Joe McDonald, Associated Press The world's second-largest economy grew 6.2% over a year ago, down from the previous quarter's 6.4%, government data showed Monday. Continue reading
Jul 04 Watch 10:30 Amid long economic expansion, why so many Americans are still struggling The U.S. is currently in the midst of the longest economic expansion since the period following World War II. But even though the numbers are good, they don’t add up to prosperity for all Americans. William Brangham talks to Matthew… Continue watching
Jul 01 Can the longest economic expansion in U.S. history last? By Gretchen Frazee The nation’s gross domestic product has been growing for the last 121 consecutive months. Continue reading
May 30 3 reasons why the U.S. economy may have already peaked for the year By Martin Crutsinger, Associated Press The U.S. economy grew at a solid 3.1 percent annual rate in the January-March quarter — a pace that will likely prove to be the high-water mark for the year before growth weakens in the coming months. Continue reading
May 30 U.S. economy grew at solid 3.1 percent rate in first quarter By Martin Crutsinger, Associated Press Much of the gain in the first quarter of 2019 was based on temporary factors that will likely fade, leaving growth much slower in the current quarter. Continue reading
Feb 28 Economic growth lagged in late 2018, government says By Martin Crutsinger, Associated Press The government cited slower consumer spending as the biggest factor in the slowdown. Continue reading
Jan 23 Government shutdown poses increasing risk to the broader economy By Christopher Rugaber, Associated Press The shutdown's biggest effect on the economy is likely to be the cutback in federal spending. But consumer spending is another important factor. Continue reading