American Consumers Might be About to ‘Talk Ourselves Into a Recession.’ Here’s How

Consumers may be starting to sweat it. According to business research group The Conference Board’s monthly report, the consumer confidence index missed expectations and dropped to 121.5 in June–a two-year low from September 2017. The board expected the index to hit 134.1 originally, but bearishly revised last month’s number to 131.3 for June. As a […]

U.S. Economic Growth Expected to Slow Sharply in 2019

Chief financial officers and even average U.S. citizens have been bracing themselves for a recession, either this year or next. American executives and investment experts have been more sanguine in surveys, typically discounting the possibility of a significant downturn. And, technically, as a recession means sustained negative economic growth, they still are, according to a […]

U.S. Economy Grew Faster Than Expected at the End of 2018

The U.S. economy cooled by less than expected last quarter as business investment picked up, suggesting growth could be stronger for longer as the Federal Reserve takes a patient approach to interest rates. The 2.6% annualized rate of gains in gross domestic product from October to December compared with the 2.2% median estimate of economists […]