GDP Growth

Editor’s note: This article was updated to add more details and context. U.S. economic activity expanded at an annualized rate of 2% in the first quarter, according to the advance estimate released Thursday. The reading marked an acceleration from the prior 0.5% pace but came in below...

Treasury Secretary Scott Bessent suggested that the economic growth of the current quarter might “be slower than it was” due to the U.S.-Iran war. Speaking to CNBC’s Sara Eisen on Wednesday, Bessent emphasized that the economy was in “such good shape” before the...

Editor’s note: This story was updated to add details, context. U.S. gross domestic product grew at an annualized rate of 1.4% in the fourth quarter of 2025, according to advance estimates released Friday by the Bureau of Economic Analysis. The figure marks a sharp slowdown from the prior...

The World Bank has significantly reduced its 2025 global growth forecast, pointing to the escalating trade tensions and policy uncertainty, particularly due to the wide-ranging tariffs imposed by U.S. President Donald Trump. What Happened: The World Bank’s latest economic prospects...

Elon Musk reacted to Cathie Wood‘s forecast for accelerated global GDP growth driven by disruptive innovation. What Happened: On Friday, Musk acknowledged Wood’s optimistic projection about the future of disruptive innovation. Wood, through her firm ARK Invest, predicts a significant...

The latest report from the Bureau of Economic Analysis reveals that the U.S. economy displayed robust growth in the third quarter of 2023, surpassing initial estimates and posting the strongest expansion since the fourth quarter of 2021. The second estimate indicates that the annualized GDP growth...

The U.S. has a debt problem. The relatively peaceful globalized prosperity, which lasted for decades, might end.  In such an increasingly fragmented environment, the demand for U.S. government debt is slowing while its size keeps growing. Per Economics 101, reduced demand typically drives up prices...

The Bureau of Economic Analysis (BEA) is preparing to release its third-quarter advance estimates for the U.S. gross domestic product (GDP) on Thursday. The U.S. is poised to showcase its most robust economic growth rate in years. The latest data is in stark contrast to views and recession fears...

Thursday’s economic data featured notable highlights: a 2.1% annualized growth rate for the U.S. economy in the second quarter of the year and a lower-than-expected increase in jobless claims from the prior week, which held close to a nine-month low. Treasury yields continued to rise further...

While the consensus may be that the U.S. is in a recession or likely to enter one in 2023, one Wall Street firm is pumping the brakes on this call for the new year. What Happened: Recession has become a word used more and more by financial experts and company CEOs during this period of...

Growth in the U.S. economy improved 3.2 percent during the first quarter, but details related to freight demand suggest a weaker environment to start the year. GDP growth surprisingly picked up in the first quarter The Bureau of Economic Analysis (BEA) released results for first quarter gross...

The U.S. economy grew by 3 percent in the second quarter, which not only marks a major improvement from the original 2.6 percent growth figure last month, but represents the fastest pace of growth seen in two years. But billionaire investor Warren Buffett isn't 100 percent convinced this figure...

President Donald Trump could realize a major victory by introducing tax reform, according to a Bloomberg poll of 38 economists and experts. Among those surveyed, 29 expect Congress to pass a tax-cut legislation before November 2018. Also, the tax cut could result in an incremental 0.2 percentage...

Andrew Liveris is the CEO of Dow Chemical Co (NYSE: DOW) and also leads President Donald Trump's manufacturing council. Speaking to CNBC's Sara Eisen on Thursday, Liveris explained why he believes Trump is leading the "most pro-business administration since the founding fathers." Liveris started...

Bloomberg's list of top-ranked economists offered their outlooks for 2017. Top-Ranked Analyst: Christophe Barraud Christophe Barraud, the chief economist at Market Securities, is Bloomberg's highest ranked overall economist. Barraud expects the U.S. economy to grow 2.5 percent to 3 percent in 2017...