Economic Indicators

How China is helping to fuel record-high inflation

Supply chain constraints, government spending and consumer demand have pushed inflation in the U.S. to the highest level in 40 years – but geopolitical elements are also fueling rising prices.

Grim GDP report undercuts Democrats' midterm messaging

The latest Gross Domestic Product (GDP) numbers out Thursday are poised to hamper Democrats' key argument heading into the midterm elections that the U.S. economy has rebounded from the dark days of the coronavirus pandemic.

US economy on brink of 'major recession,' Deutsche Bank warns

Deutsche Bank economists are doubling down on their prediction, forecasting a severe recession within the next two years as the Federal Reserve moves to tame the hottest inflation in four decades with a series of mega interest rate hikes.

US economic growth may hit the skids

The U.S. economy likely slowed to a crawl during the first three months of the year, dampened by a record U.S. trade deficit and slower inventory growth after a very strong finish at the end of 2021.

US durable goods orders inch up 0.8% in March

Orders at U.S. factories for long-lasting goods rose less than expected in March, as manufacturers confronted a worsening supply chain crisis that continued to weigh on business investment.

Has inflation peaked in the US?

Inflation is running at the hottest pace in more than four decades, and consumer prices could march even higher before they begin to subside.