Economic News

The latest analysis and insights into current events and economic indicators such as central bank news, unemployment numbers, GDP, and more.

U.S. President Joe Biden gives remarks during a visit to Florida to survey the damage from Hurricanes Helene and Milton and receive a briefing from local officials, on October 13, 2024 in St. Pete Beach, Florida.

Will Hurricanes Mar Biden's Economic Legacy?

Published Nov 01, 2024

Illustration of various items that depict the economy, including a hand holding dollar bills, a farm and a grocery cart.

How Has The Economy Grown Before Previous Elections?

Updated Nov 01, 2024

A customer shops for groceries at a grocery store on September 10, 2024 in San Rafael, California.

Inflation Hasn't Been This High Going Into Election Day Since 2008

Updated Nov 01, 2024

'Now Hiring' sign

Here Is How Unemployment Factored Into Past Elections And What It Could Mean For 2024

Published Nov 01, 2024

Damage occurs in the Tampa region, Florida, after Hurricane Milton hits the coast on October 9.

Hurricanes Stifled Job Creation In October

Updated Nov 01, 2024

Silhouettes of the roofline of suburban houses at sunset.

The Economy Is Going Great, Except For One Huge Problem

Updated Oct 31, 2024

Workers clean up damage caused by hurricanes Helene and Milton in St. Pete Beach, Florida, US, on Friday, Oct. 11, 2024.

Hiring Likely Took Big Hit In October

Updated Oct 31, 2024

A Chevron gas station in Pinole, California, US, on Wednesday, June 19, 2024.

Fed's Favorite Inflation Gauge Slowed In September

Published Oct 31, 2024

A line of customers with shopping carts waits to check out at a supermarket in California.

The Economy Wasn't Supposed To Be This Good

Published Oct 30, 2024

A "Sale Pending" sign in front of a home in Pinole, California, US, on Tuesday, Dec. 26, 2023.

Pending Home Sales Jump To The Highest Level Since March

Elizabeth Guevara

Published Oct 30, 2024

Hiring sign

Private-Sector Hiring Surges Ahead of Expectations in October

Published Oct 30, 2024

Commuters boarding a train at the Jamaica station of the Long Island Rail Road in Jamaica, New York, on August 22, 2024.Commuters boarding a train at the Jamaica station of the Long Island Rail Road in Jamaica, New York, on August 22, 2024.Commuters boarding a train at the Jamaica station of the Long Island Rail Road in Jamaica, New York, on August 22, 2024.Commuters boarding a train at the Jamaica station of the Long Island Rail Road in Jamaica, New York, on August 22, 2024.Commuters boarding a train at the Jamaica station of the Long Island Rail Road in Jamaica, New York, on August 22, 2024.Commuters boarding a train at the Jamaica station of the Long Island Rail Road in Jamaica, New York, on August 22, 2024.Commuters boarding a train at the Jamaica station of the Long Island Rail Road in Jamaica, New York, on August 22, 2024.

Economic Growth Unexpectedly Decelerated In Third Quarter

Updated Oct 30, 2024

A worker prepares products at a Whole Foods Market Daily Shop ahead of opening in the Upper East Side neighborhood of New York, US, on Tuesday, Sept. 17, 2024.

Consumer Confidence Jumped The Most in Three Years in October

Published Oct 29, 2024

A man walking up the steps in a subway station

Job Openings Fell And Hiring Rose In 'Mixed Bag' Report

Published Oct 29, 2024

An illustration shows people meeting around a table that looks like the Federal Reserve crest.

What Impact Will the Presidential Election Have on the Fed’s Path for Interest Rates?

Published Oct 29, 2024

A driver refuels their vehicle at a Sunoco gas station in Royal Oak, Michigan, US, on Thursday, Sept. 19, 2024.

The Fed's Favorite Measure Of Inflation Is Nearing A Magic Number

Published Oct 28, 2024

A Union Pacific freight train is seen traveling on April 21, 2023 in Round Rock, Texas.

Powerhouse U.S. Economy Likely Accelerated In Third Quarter

Published Oct 28, 2024

Customers shop at Ahorra Mucho in Aurora, Colorado on Tuesday, October 23, 2024.

Consumer Sentiment Hits Highest Levels Since April

Published Oct 25, 2024

New Home Construction

Why Are Home Buyers Turning Toward New Builds?

Elizabeth Guevara

Published Oct 24, 2024

Ft. Myers resident Christopher Boyce Jr, 25, left, assists in the cleanup process at Mr. Wave Island on Fort Myers Beach.

Unemployment Claims Fall Unexpectedly

Published Oct 24, 2024

Shoppers at an Ikea store in the Brooklyn borough of New York, US, on Wednesday, Oct. 9, 2024.

People Are Holding Off on Spending Until the Election, Federal Reserve's Beige Book Said

Elizabeth Guevara

Published Oct 23, 2024

A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California.

Existing Home Sales Slumped To Lowest in Nearly 14 Years in September

Published Oct 23, 2024

U.S. Federal Reserve Board of Governors seal at the William McChesney Martin Jr. Federal Reserve building in Washington, D.C.

Why Some Fed Officials are Warning That Coming Rate Cuts May Be ‘Modest’

Published Oct 22, 2024

In this aerial view, the domed roof at Tropicana Field, the home of the Tampa Bay Rays, is seen ripped to shreds from Hurricane MiltonÃs powerful winds in St. Petersburg. The storm passed through the area on October 10, 2024, making landfall as a Category 3 hurricane in Siesta Key, Florida.

How's The Economy Doing? Hurricanes Will Make It Harder To Tell

Published Oct 21, 2024

Large bags of Halloween candy for sale in Walgreens pharmacy, Queens, New York

The Big Business of Halloween

Published Oct 20, 2024

A house under construction

Builders Still Aren't Constructing Enough Houses

Published Oct 18, 2024

Construction continues in the Village of Rienda in Rancho Mission Viejo in unincorporated Orange County, California, in September 2024

Homebuilders See Sunnier Outlook, Lower Mortgage Rates in 2025

Published Oct 17, 2024

A family shops for Halloween candy at a Walmart Supercenter on October 16, 2024 in Austin, Texas.

Consumers Have Economists Optimistic About Third-Quarter Growth

Published Oct 17, 2024

Lower Manhattan Skyline

The New York City Economic Tracker: July 1, 2024

Adrian Nesta and Hiranmayi Srinivasan

Published Oct 15, 2024

Paying with credit card

Consumers' Worries About Debt Delinquency Are on the Rise

Published Oct 15, 2024

US Federal Reserve Board of Governors at the William McChesney Martin Jr. Federal Reserve building in Washington, DC, US

Here Are Three Economic Scenarios the Fed’s Waller Is Watching For

David Marino-Nachison

Published Oct 14, 2024

Illustration of various items that depict the economy, including a hand holding dollar bills, a farm and a grocery cart.

Will the US Economy Keep Up the Pace in the Fourth Quarter?

Published Oct 13, 2024

Democratic presidential nominee, U.S. Vice President Kamala Harris, U.S. President Joe Biden, former Mayor of New York Michael Bloomberg, Republican presidential nominee, former U.S. President Donald Trump and Republican vice presidential candidate Sen. J.D. Vance (R-OH) join family and friends at Ground Zero honoring the lives of those lost on the 23rd anniversary of the terror attacks of September 11, 2001, at the World Trade Center on September 11, 2024 in New York City.

Biden's Economic 'Unfinished Business' Takes Center Stage In Election

Published Oct 12, 2024

Workers building a house

Will Deporting Immigrants Make Homes Affordable? Trump Thinks So, Homebuilders Disagree

Published Oct 11, 2024

Shoppers at an Ikea store in the Brooklyn borough of New York, US, on Wednesday, Oct. 9, 2024.

Inflation Worries Wipe Out Consumers' Fledgling Economic Confidence

Published Oct 11, 2024

Smoke puffs through out the air at Los Angeles Refinery Carson on Tuesday, July 23, 2024 in Carson, CA.

Wholesale Prices Didn't Push Up Inflation In September

Published Oct 11, 2024

In an aerial view, homes stand in front of the Oakland-San Francisco Bay Bridge on June 09, 2023 in San Francisco, California.

Fed Officials Are Watching for Housing Inflation to Cool. It May Finally Be Happening

Published Oct 10, 2024

An airplane landing

The Fed's Economic 'Soft Landing' Just Got Bumpier

Published Oct 10, 2024

A section of TVs on display at a Walmart store in Florida.

Shoppers Are Staying Away From Big Ticket Items, Bank of America Says

Published Oct 10, 2024

Attendees at the Albany Job Fair in Latham, New York, US, on Wednesday, Oct. 2, 2024.

Initial Jobless Claims Rose to the Highest Level in More Than a Year—Here's Why

Published Oct 10, 2024

A customer photographs shopping bags during the first day of in-store sales of Apple's latest products at Apple's Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024.

September's Inflation Surprise: What Drove CPI Higher Than Expected

Updated Oct 10, 2024

A view of a sign as Hurricane Milton bears down on the Gulf Coast in Sarasota, Florida, United States on October 9, 2024.

Could Hurricane Milton Derail Economic Progress?

Published Oct 09, 2024

Travelers walk through Terminal A at Newark Liberty International Airport on September 28, 2024, in Newark, New Jersey.

What To Expect From Thursday's Inflation Report

Updated Oct 09, 2024

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on Sept. 18, 2024.

Some Fed Officials Were On The Fence About Its Super-Sized Rate Cut

Published Oct 09, 2024

Guests at the Magic Kingdom break out ponchos at Cinderella Castle as bands of weather from Hurricane Helene move through Walt Disney World in Bay Lake, Florida, on Sept. 26, 2024

Hurricane Milton Could Cause Tens of Billions in Losses, Analysts Say

Updated Oct 08, 2024

Cleaners Depot LA employee Santiago Lopez often combats boredom when business is slow on Thursday, June 27,

Small Business Owner Uncertainty Hits Record High. What Does It Mean for the Economy?

Published Oct 08, 2024

Shoppers carry Macy's bags outside the company's flagship store in New York, on Sept. 13, 2024

Goldman Sachs Says a Recession Is Less Likely Given Strong Jobs Data

Published Oct 07, 2024

Lower Manhattan Skyline

The New York City Economy Tracker

Hiranmayi Srinivasan and Adrian Nesta

Updated Oct 04, 2024

An employee works in Kawasaki factory in Lincoln, Nebraska

A Recession? Not Likely With This Job Market

Published Oct 04, 2024

A worker stocks shelves at the George J. Falter Company Inc. warehouse in Baltimore, Maryland, US, on Tuesday, April 9, 2024.

September Jobs Report Shows Big Jump in Hiring as Labor Market Stays Resilient

Updated Oct 04, 2024

Workers picket outside the APM container terminal at the Port of Newark in Newark, New Jersey on Oct. 1, 2024

US Dockworkers Suspend Strike After Reaching Tentative Agreement on Wages

Published Oct 04, 2024

Shipping containers are seen at the Port of Houston Authority on September 19, 2024 in Harris County, Texas. A potential strike by Port of Houston longshoremen looms as contract negotiations between the International Longshoreman's Association and the United States Maritime Alliance continue.

What to Expect in Friday's Jobs Report—The First Since the Fed Cut Rates

Updated Oct 03, 2024

A CVS pharmacy in Miami, Florida, US, on Tuesday, Oct. 1, 2024. CVS Health Corp. plans to cut roughly 2,900 jobs to reduce costs, the health-care company said, as it conducts a strategic review of its operations that includes a possible breakup.

Layoffs Unusually High for This Time of Year, New Report Shows. Should You Worry?

Published Oct 03, 2024

McDonald's McDouble Meal Deal for Fast food value meals for Trend feature in Food photographed for Food in Washington, DC on August 26, 2024.

What McNuggets Tell The Fed About Inflation

Published Oct 02, 2024

Amazon Dublin

Remote Work Might Be Disappearing Faster Than You Think

Published Oct 02, 2024

A man working at a computer

Has The Job Market Hit Bottom? Private Payroll Growth Rebounded In September

Published Oct 02, 2024

In an aerial view, the Port of Houston Authority is seen during a strike on October 01, 2024 in Houston, Texas. Members of the International Longshoreman's Association have begun a nationwide strike, consisting of more than 50,000 workers at ports along the East Coast and Texas.

Dockworkers' Strike Could Cost the Economy $4.5B Per Day—and Rekindle Inflation

Elizabeth Guevara

Published Oct 01, 2024

Dockworkers strike at the Bayport Container Terminal in Seabrook, Texas, on October 1, 2024.

How the Ongoing US Port Strike Could Affect You

Elizabeth Guevara

Published Oct 01, 2024

Coal on barges on the Monongahela River near the United States Steel Corp. Clairton Coke Works facility in Clairton, Pennsylvania, US, on Monday, Sept. 9, 2024.

Manufacturing Firms Wait For Rate Cuts To Take Hold

Published Oct 01, 2024

Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr.

Will the Federal Reserve Stick a Soft Landing?

Published Oct 01, 2024

A worker removes a vinyl record from a press at the Third Man Pressing manufacturing facility in Detroit, Michigan, US, on Friday, Feb. 2, 2024.

There Were More Job Openings In August, But Hiring Slowed

Published Oct 01, 2024

Workers picket outside of the APM container terminal at the Port of Newark in Newark, New Jersey, US, on Tuesday, Oct. 1, 2024.

US Dockworkers Start Massive Strike

Published Oct 01, 2024

Jerome Powell, chairman of the US Federal Reserve, during the National Association of Business Economics (NABE) annual meeting in Nashville, Tennessee, US, on Monday, Sept. 30, 2024.

The Federal Reserve Is In No Rush To Cut Rates, Powell Says

Updated Sep 30, 2024

A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California

Homes Are Changing Hands at Historically Low Rates. Here's Why

Published Sep 30, 2024

Federal Reserve Chairman Jerome Powell at a news conference in Washington, D.C., March 2024

What To Expect in the Markets This Week

Published Sep 29, 2024

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