Tag: #economy

BEA Revises U.S. Q2 GDP Up to 2.2% as Inflation Remains Elevated

BEA's third estimate lifts U.S. Q2 GDP to a 2.2% annualized rate; PCE inflation rose 5%. State growth ranged from 4% in New York to −2.3% in West Virginia.

#economy, #gdp, #inflation, #bea

U.S. Manufacturing Hits 52-Month High in S&P Global Flash PMI, Raising Inflation Concerns

S&P Global’s flash PMI shows U.S. manufacturing surged to a 52-month high in September, boosting growth outlook while heightening inflation and rate risks.

#manufacturing, #economy, #inflation, #pmi

CBO: Automatic Stabilizers Will Barely Curb U.S. Deficits Over Next Decade

CBO finds automatic stabilizers will barely reduce deficits from 2026–2036, leaving structurally large federal deficits averaging 6.1% of potential GDP.

#cbo, #deficits, #fiscalpolicy, #economy

BEA's Second Estimate: U.S. Q2 GDP 1.5%, Underlying Demand and Inflation Stronger

Second BEA estimate leaves Q2 GDP at 1.5% but shows stronger private demand, firmer inflation and a sharp jump in corporate profits.

#economy, #gdp, #inflation, #corporateprofits

U.S. GDP Growth Slows to 1.5% Annualized in Q2, BEA Says

BEA's advance estimate shows U.S. GDP rose 1.5% annualized in Q2 as inflation stayed high and private demand strengthened.

#economy, #gdp, #inflation, #bea, #us

U.S. Consumer Prices Fall 0.4% in June as Gasoline Plunge Triggers Largest Monthly Drop Since 2020

Gasoline prices plunged in June, pulling headline CPI down 0.4% month-over-month; year-over-year CPI remains up 3.5% and core CPI was flat.

#economy, #inflation, #cpi, #fed

U.S. Consumer Prices Rise 0.5% in May; Annual Inflation Accelerates to 4.2% Ahead of Fed Meeting

CPI rose 0.5% in May and 4.2% year-over-year as gasoline and shelter costs pushed inflation higher just before the Fed's June meeting.

#economy, #inflation, #cpi, #federal-reserve

U.S. Adds 172,000 Jobs in May; Unemployment Holds at 4.3%

May nonfarm payrolls rose 172,000 with strong revisions to March–April, leaving unemployment at 4.3% and complicating the Fed’s June policy outlook.

#economy, #jobs, #labor, #federalreserve

U.S. GDP Revised Down to 1.6% in Q1 2026 as Inventories and Services Weigh

Second BEA estimate: U.S. GDP grew 1.6% annualized in Q1 2026, down from 2.0%, as weaker inventories and softer services spending trimmed growth.

#economy, #gdp, #inflation, #bea

U.S. Economy Expands 2.0% in Q1 2026 as Inflation Remains Elevated

Advance BEA estimate: U.S. GDP rose 2.0% annualized in Q1 2026, with core PCE at 4.3% — keeping inflation and Fed policy center stage.

#economy, #gdp, #inflation, #federalreserve

Cross-border Bank Credit Surges 11% in 2025, Fastest Annual Growth Since 2008, BIS Says

BIS data show cross-border bank credit rose 11% in 2025 to $38.1tn — the fastest annual gain since Q1 2008 — led by dollar and euro lending.

#economy, #bis, #crossbordercredit, #emergingmarkets