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Feelings that the American economy slowed to a crawl in the first quarter of the year were confirmed on Thursday morning when the Commerce Department released its report showing the gross domestic product increased at an annual rate of just 0.5%.
Read More →The U.S. economy grew faster in the first quarter of the year than earlier estimates indicated, according to a Commerce Department report released Thursday, but there’s little optimism there the second quarter will show a big surge.
Read More →Barring the U.S economy suddenly slamming on the brakes — and you would be hard-pressed to find any economist or analyst worth their salt who would make such a prediction — interest rates are going to continue to move higher. Analysis by Business Contributing Editor Evan Lockridge.
Read More →Autonomous truck developer TuSimple said the results of a recent fuel economy study proved that trucks under autonomous control get up to 10% better fuel economy than similarly equipped trucks operating with human drivers.
Read More →The first few months of 2019 showed many inconsistencies in economic data, varying wildly from month to month. Is our economy really this inconsistent or is there another reason for the variation?
Read More →Two days before Christmas, the Commerce Department released three reports on the U.S. economy. When put together, they show a solid performance, though not as strong as it has been or some would like.
Read More →The U.S. economy grew by leaps and bounds in the second quarter of the year compared to the first quarter, according to a new government estimate released Thursday, which should ease investors fears in the wake of a global stock market sell-off.
Read More →Three new economic reports add to increasing evidence the U.S. economy will have a better overall first quarter of the year than the final three months of 2016.
Read More →Four consecutive +200k monthly non-farm payroll reports is impressive, but it will take more than headline improvement to thrust the economy above current trend growth. Employment gains thus far have not yet led to wage pressures. Without adequate income growth, the consumer remains limited in spending capacity, which is restraining near-term growth prospects.
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