The economy contracted at a 0.2% annual rate in the first quarter of 2025, the Bureau of Economic Analysis said Thursday in a revision to its estimate of GDP. A preliminary report from the agency ...
Gross Domestic Product (GDP) is a worthless number. The previous truth isn’t a defense of Donald Trump after the 0.3% Q1 GDP decline. Instead, it’s a defense of reason that requires the reasonable to ...
The following information was released by the Financial Services Forum:. Recently, the Federal Reserve Board embarked on an important initiative to significantly increase transparency in its stress ...
As the country grapples with its first economic contraction in three years, a new map showcases the sharp divide in how each state's economy is weathering the 2025 downturn. According to data released ...
Journal Editorial Report: Can President Trump blame Joe Biden for a shrinking GDP? U.S. gross domestic product shrank by 0.3% in the first quarter of 2025, according to an April 30 report from the ...
China is likely to stick to its current annual economic growth target of around 5% next year, government advisers and ...
Before this week's annual NATO summit had even begun, allies reportedly agreed on Sunday to hike their defense spending to 5% of gross domestic product (GDP) by 2035. Getting to that target, however ...
While real GDP rose in the second quarter, the increase was largely driven by a decline in imports, noted Jeffrey Roach, chief economist at LPL Financial. The drop in imports was led by nondurable ...
In this weekly Plain Facts compilation, we present to you data-based insights, with easy-to-read charts, to help you delve ...