History supports Moody’s assessment that “successive US administrations and Congress have failed to agree on measures to ...

Labor market, consumer spending, and revised GDP data show the economy is facing serious headwinds.

I believe there is a lot of room to significantly cut expenditures without affecting core essential services such as health ...

Martin Wittenberg and Andrew Kerr School of Economics and DataFirst, University of Cape Town Abstract: In this paper we deal with some of the criticisms levelled at us and DataFirst. We also produce ...

Definition: Macroeconomics is the branch of economics that studies the behavior and performance of an economy as a whole. It focuses on the aggregate changes in the economy such as unemployment, ...

The U.S. economy contracted a bit faster than previously thought in the first quarter amid tepid consumer spending, ...

A recession is defined by negative economic activity over several months with an accompanying decline in GDP. However, given ...

All of this matters even more during periods of shifting global supply chains amid an active trade war and negotiations.

Gross Domestic Product (GDP) gauges the inflation-adjusted value of all goods and services produced within the economy. It is the most comprehensive measure of economic activity and an important ...

Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and ...

The U.S. economy shrank at a faster pace in the beginning of the year than originally reported, as new economic data showed a ...