US economy News

US Economy on the Brink: 70% Chance of Recession in 2025 Sparks Global Concerns

The US economy's recession risk has dramatically increased to 70% in 2025, driven by President Trump's new tariffs and retaliatory measures from trade partners, sparking global eco...

US Economy Shows Resilience as Composite PMI Climbs to 53.5 in March, Surpassing February Figures

The US Composite PMI improved to 53.5 in March, with the Services PMI reaching a 2025 high of 54.4, signaling a rebound in the service sector and overall economic resilience amid p...

February Sees a 0.4% Rise in US Personal Spending Amid Economic Growth

The US saw a 0.4% increase in personal spending in February, with the PCE price index rising by 0.3% monthly and 2.5% annually. Personal income also grew, supporting economic expan...

March Sees Surge in US Private Sector Activity Amid Tariff Concerns

In March, the US private sector saw a rise in activity with the PMI reaching 53.5. Services hit a three-month high, while manufacturing fell to a three-month low. Tariff concerns a...

Harker Warns: US Economy Stable But Faces Emerging Threats Amid Waning Confidence

Patrick Harker, President of the Federal Reserve Bank of Philadelphia, describes the US economy as "okay" but warns of emerging threats due to waning confidence among businesses an...

Philadelphia Fed President Harker: US Economy Stable but Faces Potential Threats

Patrick Harker, President of the Federal Reserve Bank of Philadelphia, shared his views on the US economy, describing it as stable but facing potential threats. He emphasized the i...

Federal Reserve's Adriana Kugler Asserts US Economy's Strong Foundation Amid Uncertainties

Federal Reserve Governor Adriana Kugler, speaking at the 2025 Miami Economic Forum, expressed optimism about the US economy's solid foundation, despite challenges like slow inflati...

Fed's Adriana Kugler Asserts US Economy's Solid Foundation Amid Uncertainties

Federal Reserve Governor Adriana Kugler, speaking at the 2025 Miami Economic Forum, expressed confidence in the US economy's solid foundation, despite slow progress on inflation an...

Fed Governor Adriana Kugler Affirms US Economy's Strong Foundation Amid Inflation Challenges

Federal Reserve Governor Adriana Kugler, speaking at the 2025 Miami Economic Forum, confirmed the US economy's strong position but noted ongoing challenges with inflation and the p...

Fed's Kugler Asserts US Economy Stands Strong: A Deep Dive into Q1 GDP Growth

Federal Reserve Governor Adriana Kugler, speaking at the 2025 Miami Economic Forum, expressed confidence in the US economy's resilience, projecting solid Q1 GDP growth. However, sh...

Fed Governor Kugler Affirms US Economy's Robust Health Amid Inflation Concerns

Federal Reserve Governor Adriana Kugler expresses confidence in the US economy's strength, citing solid GDP growth expectations for the first quarter. Despite inflation challenges ...

Fed Governor Kugler Highlights Strong Foundations of the US Economy Amid Uncertainties

Federal Reserve Governor Adriana Kugler asserts the US economy's strength despite inflation and policy uncertainties, with solid GDP growth anticipated in the first quarter.

US Economy Stands Strong: Fed's Kugler Highlights Solid GDP Growth Amid Challenges

Federal Reserve Governor Adriana Kugler, at the 2025 Miami Economic Forum, expressed confidence in the US economy's solid foundation, citing expected GDP growth despite ongoing inf...

Surprising Growth: US Economy Expands by 2.3% in Q4 2024 Amidst Challenges

The US economy grew by 2.3% in Q4 2024, missing estimates, with the PCE price index rising by 2.3%. Annual GDP growth was 2.8%, with inflation indicators showing a steady increase.

Fed's Barkin Optimistic: US Economy Set for Continued Growth into 2025

Federal Reserve Bank of Richmond President Thomas Barkin expresses optimism about the US economy's resilience and growth prospects into 2025, highlighting lower consumer debt level...

Optimistic Outlook: US Job Market Stabilizes, Inflation Nears 2% Target

Federal Reserve Bank of Chicago President Austan Goolsbee provided an optimistic outlook on the US economy, emphasizing the stability and balance in the labor market and progress t...