News

The Conference Board said during a webinar this week that the 1.6% projected GDP growth rate is up slightly from the 1.2% growth rate the board predicted in April – when President Donald Trump ...
If it materializes, the slowdown would likely reflect the impact of a surge of imports: People raced to buy things ahead of President Donald Trump's tariffs, and imports count against GDP growth.
US GDP growth is expected to slow sharply in the first quarter from 2.4% growth in the fourth quarter, reflecting a surge in imports ahead of new tariffs. Analysts expect the economy to grow more ...
The trade deficit — the difference between incoming and outgoing goods — is the widest it has ever been, which is expected to be a significant drag on economic growth. Sales of American-made ...
The U.S. economy slightly contracted in the first quarter, confirming that both economic weakness and federal revenue uncertainties are ongoing concerns for state budget writers. The size of the ...