Economic News

The latest analysis and insights into current events and economic indicators such as central bank news, unemployment numbers, GDP, and more.
Supermarket
Sentiment Improves as Inflation Loosens Grip on Consumers in August
By
Terry Lane
Published Aug 30, 2024
A worker arranges peaches at a fruit stand in the Pike Place Market in Seattle, Washington, US, on Thursday, July 4, 2024.
Fed's Preferred Measure of Inflation Reinforces Likelihood of September Rate Cuts
By
Taylor Tompkins
Updated Aug 30, 2024
A shopper inside a Dollar General Market store in Saddlebrook, New Jersey
Dollar General Spotted a Spending Trend That Points Toward 'Struggling' US Consumers
By
David Marino-Nachison
Published Aug 29, 2024
Construction at the site of Micron Technology Inc.'s new high volume 600,000 square foot semiconductor factory in Boise, Idaho.
Why US Factory Construction Is at Its Highest Level in Half a Century
By
Aaron McDade
Published Aug 29, 2024
A customer shops in a Lowe's home improvement store on August 20, 2024 in Los Angeles, California.
What To Expect From Tomorrow's Report On Inflation
By
Diccon Hyatt
Updated Aug 29, 2024
A Lululemon store in New York, US, on Thursday, Aug. 22, 2024.
The Economy Was Healthier in the Second Quarter Than Previously Thought
By
Diccon Hyatt
Published Aug 29, 2024
A home for sale sign in front of a house in Huntington Beach.
Lower Mortgage Rates Didn't Entice Buyers Last Week. What Are They Waiting For?
By
Terry Lane
Published Aug 28, 2024
A woman watches TV on a couch while eating popcorn near a fireplace.
Cooler Spending On This Popular Service Might Be a Sign of Increasing Consumer Caution
By
David Marino-Nachison
Published Aug 27, 2024
Homes in Hercules, California, US, on Wednesday, Aug. 16, 2023.
This Coming Change Could Unlock the U.S. Housing Market
By
Elizabeth Guevara
Published Aug 27, 2024
A "Now Hiring" sign at an Advance Auto Parts store in San Leandro, California
Consumers Are Gaining Confidence In All Economic Areas But This One
By
Terry Lane
Published Aug 27, 2024
A real estate sign on a house in Philadelphia, Pennsylvania, US, on Friday, Aug. 16, 2024.
Home Prices Hit Another Record High, But the Increases Are Decelerating
By
Diccon Hyatt
Published Aug 27, 2024
Coco Gauff, left, and Novak Djokovic.
The US Open Starts Today—Here's How Its Record Prize Haul Stacks Up to Other Grand Slams
By
Andrew Kessel
Published Aug 26, 2024
Boeing 777 freighters and 777X are built at the Everett Production Facility on June 26, 2024 in Everett, Washington.
Aircraft Lifted Durable Goods Orders In July
By
Diccon Hyatt
Published Aug 26, 2024
Customer's shop for groceries at a Walmart store in Secaucus, New Jersey, US, on Tuesday, March 5, 2024.
Economists Have Been Predicting a Spending Slowdown—These Retailers Don't See It
By
Elizabeth Guevara
Published Aug 24, 2024
Completed and under construction new homes at a site in Trappe, Maryland.
New Home Sales Grew at a Surprising Rate in July
By
Elizabeth Guevara
Published Aug 23, 2024
Illustration of various items that depict the economy, including a hand holding dollar bills, a farm and a grocery cart.
Why Some Economists Are Ignoring Recession Signals
By
Diccon Hyatt
Published Aug 23, 2024
Side-by-side photos of Republican presidential candidate Donald Trump and Democratic candidate Kamala Harris speaking at campaign rallies.
What Economists Love and Hate About the Harris and Trump Economic Plans
By
Diccon Hyatt
Published Aug 23, 2024
Jerome Powell, chairman of the US Federal Reserve arrives to a dinner at the Jackson Lake Lodge during the Kansas City Federal Reserve's Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Thursday, Aug. 22, 2024.
Powell Confirms Federal Reserve Pivot To Rate Cuts At Jackson Hole
By
Diccon Hyatt
Updated Aug 23, 2024
Grand Teton National Park during the Kansas City Federal Reserve's Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Thursday, Aug. 22, 2024.
Jackson Hole Symposium Starts Today—What Fed Watchers Are Looking For
By
Taylor Tompkins
Published Aug 22, 2024
A television station broadcasts Jerome Powell, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee meeting on the floor of the New York Stock Exchange.
What to Expect From Federal Reserve Chair Powell's Jackson Hole Speech Friday?
By
Colin Laidley
Published Aug 22, 2024
The US Department of Labor Building on March 26, 2020, in Washington, DC.
Jobless Claims Rose Slightly. Here's Why It Won't Move the Unemployment Rate Much
By
Terry Lane
Updated Aug 22, 2024
A "For Sale" sign on a house in Philadelphia, Pennsylvania, US, on Friday, Aug. 16, 2024.
July Existing Home Sales Edged Up From Near Rock Bottom
By
Diccon Hyatt
Published Aug 22, 2024
An illustration shows people meeting around a table that looks like the Federal Reserve crest.
Federal Reserve Meeting Minutes Show Increasing Support for Interest Rate Cuts
By
Terry Lane
Published Aug 21, 2024
An employee works in the Kawasaki factory in Lincoln, Nebraska, on May 13, 2024.
The Job Market Last Year Wasn't As Hot As Everyone Thought
By
Diccon Hyatt
Published Aug 21, 2024
A For Sale sign is posted in front of a home for sale in San Marino, California on September 6, 2023. With US mortgage rates rising to 15-year highs hovering around 7.2% to start the post-Labor Day period, the difference between new 30-year home loan rates and on all outstanding US mortgage debt has not been this wide since the 1980s.
Mortgage Applications Decline on Dip in Refinancing
By
Terry Lane
Published Aug 21, 2024
Federal Reserve governor Michelle Bowman speaks during a Fed Listens event in Washington, DC, on March 22, 2024.
Fed Officials Not Signaling Interest Rate Cuts Yet
By
Terry Lane
Published Aug 20, 2024
'Now Hiring' sign
More Workers Are Seeking New Jobs as Wage Dissatisfaction Grows
By
Terry Lane
Published Aug 20, 2024
President of the European Central Bank Christine Lagarde (L), Bank of Japan Gov. Kazuo Ueda (C), and chair of the Federal Reserve Jerome Powell (R) speak in front of the Tetons during the Jackson Hole Economic Symposium at Jackson Lake Lodge on August 25, 2023 near Jackson Hole, Wyoming.
The Jackson Hole Economic Symposium Starts This Week—Here's What You Need to Know
By
Terry Lane
Published Aug 19, 2024
Federal Reserve Chairman Jerome Powell takes a question from a reporter at a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on July 31, 2024 in Washington, DC.
What To Expect From Federal Reserve Chair Powell's Speech at Jackson Hole Friday
By
Diccon Hyatt
Published Aug 19, 2024
Democratic U.S. presidential candidate Vice President Kamala Harris speaks on her policy platform, including improving the cost of living for all Americans, at the Hendrick Center For Automotive Excellence on August 16, 2024 in Raleigh, North Carolina.
Here's What's In Kamala Harris's Economic Plan
By
Diccon Hyatt
Updated Aug 19, 2024
A customer shops at a supermarket on August 14, 2024 in Arlington, Virginia.
Lower Inflation Has Consumers Feeling Better About Economy
By
Terry Lane
Published Aug 16, 2024
Townhomes under construction are seen in a new development in Brambleton, Virginia on August 14, 2024.
Homebuilders Started Fewer Projects In July Than in Any Month Since 2020
By
Diccon Hyatt
Published Aug 16, 2024
US Federal Reserve Board of Governors at the William McChesney Martin Jr. Federal Reserve building in Washington, DC, US
Economists Expect a September Rate Cut. Here's What Fed Officials Are Saying
By
Terry Lane
Published Aug 15, 2024
An employee works on new Ford F-150 trucks as they go through the assembly line at the Ford Dearborn Plant
Here's Why Manufacturing Was Down in July
By
Terry Lane
Published Aug 15, 2024
Homes under construction at the Pulte Homes Ascent at Montelena development in Rancho Cordova, California, US, on Monday, July 22, 2024.
High Mortgage Rates Kept Dragging Down Homebuilder Confidence In August
By
Diccon Hyatt
Published Aug 15, 2024
A customer looks at vehicles for sale at an AutoNation Toyota dealership in Hayward, California, US, on Monday, June 24, 2024.
Retail Sales Surprisingly Jumped in July
By
Diccon Hyatt
Published Aug 15, 2024
A television station broadcasts Jerome Powell, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange
What Latest Inflation Data Says About How Much the Fed Will Cut Interest Rates
By
Terry Lane
Published Aug 15, 2024
woman shopping online for Bitcoin on website with laptop and credit card
People Are Growing More Concerned About Paying Their Debts
By
Elizabeth Guevara
Published Aug 14, 2024
Homes in Hercules, California, US, on Wednesday, Aug. 16, 2023.
Why Mortgage Demand Has Surged to Its Highest Level Since Early 2023
By
Terry Lane
Published Aug 14, 2024
A suburban neighborhood
Rising Housing Costs Cast a Shadow On a Sunny Inflation Outlook
By
Diccon Hyatt
Published Aug 14, 2024
People shop at a grocery store in Brooklyn on July 11, 2024 in New York City.
Inflation Slowed More Than Expected in July, Setting The Stage For Fed Rate Cuts
By
Diccon Hyatt
Updated Aug 14, 2024
Customers using self service check out express lane at Target store, Queens, New York.
What to Expect from This Week's Closely Watched Retail Sales Report
By
Terry Lane
Published Aug 13, 2024
A family moving into an apartment
A Cooling Housing Market Is Pushing Down Inflation. Here's Why That's Important
By
Diccon Hyatt
Published Aug 13, 2024
Raphael Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta, speaks during a Bloomberg Television interview in Atlanta, Georgia, US, on Friday, Nov. 3, 2023.
This Fed Official Says Rate Cuts Are ‘Coming’—But He Needs More Data to Be Sure
By
Terry Lane
Published Aug 13, 2024
An image of President Biden and former President Trump on a screen during the debate in June.
Why Last Month's Surge in Small-Business Optimism Could Be Short-Lived
By
Diccon Hyatt
Published Aug 13, 2024
A worker in a warehouse moves a refrigerator in a box.
What a Surprising Drop in Wholesale Inflation May Mean For a Potential Fed Rate Cut
By
Terry Lane
Published Aug 13, 2024
An oil pump jack is shown in a field in Nolan, Texas.
IEA Says Global Oil Demand To Slow, Dragged by China
By
Nisha Gopalan
Published Aug 13, 2024
A customer shops for dairy products at a supermarket in Manhattan on July 11, 2024 in New York City.
What to Expect From This Week's Consumer Price Inflation Report
By
Terry Lane
Published Aug 12, 2024
Busy Self checkout vs busy cashier check out at Target Store, Queens, New York.
4 Questions With An Economist: What Consumer Sentiment Says About the Economy
By
Terry Lane
Published Aug 11, 2024
A Red Lobster restaurant in Alexandria, Virginia, US, on Friday, June 7, 2024. Seafood restaurant chain Red Lobster, which filed for bankruptcy last month, will be in bankruptcy court on June 14.
What Do Chain Restaurant Closures Say About the Economy?
By
Diccon Hyatt
Published Aug 10, 2024
Thomas Barkin, president of the Federal Reserve Bank of Richmond, during an interview in New York, US, on Thursday, Feb. 8, 2024.
Fed Official Says Economy Showing Strength, No Need to Rush Interest Rate Cut
By
Terry Lane
Published Aug 08, 2024
The headquarters of home mortgage financial services company Freddie Mac
Mortgage Rates Haven’t Been This Low in More Than a Year, Freddie Mac Says
By
Terry Lane
Published Aug 08, 2024
People line up as they wait for the JobNewsUSA.com South Florida Job Fair to open at the Amerant Bank Arena on June 26, 2024, in Sunrise, Florida
Weekly Jobless Claims Fall as Labor Market Resilience Continues
By
Terry Lane
Published Aug 08, 2024
A person holds their smartphone to a digital card reader.
Consumer Borrowing Points to Spending Slowdown
By
Terry Lane
Published Aug 07, 2024
couple discussing paperwork and looking at a tablet with a professional
Homeowners Rush To Refinance As Mortgage Rates Drop
By
Terry Lane
Published Aug 07, 2024
container ship sits docked at the Port of Oakland on June 07, 2023
US Trade Deficit Narrows as Domestic Consumer Demand Slows
By
Terry Lane
Published Aug 06, 2024
People shop at a supermarket in Foster City, California, the United States, Jan. 11, 2024
A Majority of Americans Mistakenly Believe the US Economy is in a Recession
By
Elizabeth Guevara
Published Aug 06, 2024
Mary Daly, president of the Federal Reserve Bank of San Francisco, during the Macroeconomics and Monetary Policy Conference at the Federal Reserve Bank of San Francisco in San Francisco, California, US, on Friday, March 29, 2024. I
Fed’s Daly Says Central Bank Must Ensure Labor Slowdown Doesn't Become Downturn
By
Terry Lane
Published Aug 05, 2024
Barista/bartenders working at a store counter.
Services Sector Data a Bright Spot Amid Recent Concerns About US Economy
By
Terry Lane
Published Aug 05, 2024
A shopper carries Target and H&M bags in San Francisco, California, US, on Thursday, July 25, 2024.
Goldman Analysts Say Chance of US Recession in 2025 Has Risen to 25%
By
Andrew Kessel
Published Aug 05, 2024