Report finds global economic outlook not as bad as expected
The global economy is expected to rebound and grow by 5 percent next year, the Organization for Economic Cooperation and Development said in a report.
Majority of economists expect a recession by 2021, survey finds
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.
What is GDP and is it the best way to measure the economy?
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.
U.S. economy’s growth slows to 2.1 percent in 2nd quarter
The nation's gross domestic product grew at a 2.1% annual rate last quarter, down from a 3.1% gain in the first quarter, the Commerce Department estimates.
Consumer credit is a key indicator of the willingness of households to increase borrowing to support consumer spending, which accounts for 70 percent of economic activity.
GDP outpaced expectations in the first three months of 2019, but lackluster consumer spending has some economists predicting growth will dip later this year.
China's economy grew last year at the slowest pace since 1990, at a lower-than-expected rate of 6.9 percent. Jeffrey Brown talks to Ken Lieberthal of the Brookings Institute and Cornell economist Eswar Prasad about what that means for China and…
French economist Thomas Piketty has made a splash with his prediction that inequality will grow in America. But the economic relationship that explains that inequality is hardly new; it's the same phenomenon that allowed Pemberley Mansion to enrich Mr. Darcy…
Its critics call the GDP an outdated metric that's ill-suited to assessing America's economic health. But it's a constantly evolving measurement, says Steve Landefeld, head of the agency that calculates it, that now includes the value of long-running American TV…
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