Economic Indicators

The Russian war in Ukraine has sent the global cost of food and energy soaring, and costs are expected to remain elevated in the coming three years, the World Bank said in a grim economic forecast this week.

A Bank of America gauge that tracks truckload demand fell for the fourth consecutive month to its lowest level since June 2020, near recession levels.

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.

Americans who switched jobs this year are often receiving double-digit pay increases, according to a new survey, underscoring how a tight labor market has empowered workers – and fueled inflation.

Soaring inflation and snarled supply chains are crushing small businesses that are struggling to maintain their bottom line and retain workers, according to a new survey published by Goldman Sachs.

The Russian economy achieved some stability and recovered the value of its currency, but the ever-changing economic landscape indicates the real crunch is yet to strike.

More and more economists are beginning to forecast a U.S. recession in the next two years as the Federal Reserve moves to rein in the hottest inflation in a decade – including one who is frequently cited by the Biden administration.

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

Supply chain bottlenecks, the highest inflation in decades and a persisting labor shortage is weighing on businesses across the country, according to a new Federal Reserve report.

The year ahead could see a small recession, and Fannie Mae decreased its predictions for economic growth in 2022 and 2023.

The U.S. economic outlook is dimming and a downturn could be on the horizon as the Federal Reserve moves to tame the hottest inflation in four decades, according to Fannie Mae economists.

The global economic outlook has darkened considerably as the Russian war in Ukraine and sky-high inflation weigh on the still-fragile recovery from the pandemic, the International Monetary Fund warned on Tuesday.

The World Bank cut its forecast for global economic growth this year as a result of the Russian war in Ukraine and is preparing a $170 billion aid package for struggling nations.

U.S. housing sales are heating up this spring, and although rising mortgage rates have threatened to cool demand, Americans still expect home prices to surge higher this year, a Fed survey shows.

Several states are taking steps to temporarily roll back taxes on food in hopes of providing some relief for Americans who are experiencing surging prices at the grocery store.

IMF chief warned this week that Russia's invasion of Ukraine has weakened the economic outlook for most of the world and sky-high inflation posed a "clear and present danger" to the global economy.

The United States economy is facing economic risks from three factors across the globe, according to a new Bank of America outlook. Here's how they could affect your wallet.

U.S. consumers continued to open their wallets in March, even as they confronted the hottest inflation in four decades.

Inflation hit yet another new 40-year high in March as the Fed fights to bring it down. Here's what that means for interest rates.

Inflation rose in March at the fastest pace in 1981, ratcheting up pressure on the Federal Reserve to move even more aggressively to tame soaring consumer prices.