JPMorgan now sees US economic growth of 1.6% this year, down from a prior forecast of 1.9%. Morgan Stanley is now at 1.5%, ... Notably though, as the chart below shows, ...

US consumer spending grew in the first quarter at the weakest pace since the onset of the pandemic on a sharp deceleration in outlays for a variety of services.

The U.S. trade deficit widened sharply in May as exports fell, but subsiding imports suggested trade could still lead an ...

President Trump's tariffs have sparked fears that US economic growth could slow materially in 2025. At this point, this sentiment has largely shown up in weak survey data, but one other indicator ...

The CBO analysis says Trump's tariffs over the next decade would reduce deficits by $2.8 trillion while also curbing economic growth by 0.6 percent.

The dampened outlook for the U.S. mirrors a slowdown expected for the global economy, the OECD said, predicting global ...

What Tariff Hikes Could Mean for GDP Growth. Higher tariffs would unambiguously reduce real GDP. We estimate a 1.6% long-run impact: a 1.1% impact from the 10% uniform hike and a 0.5% impact from ...

The US economy has weakened over the past year, with GDP growth declining from 3.2% in Q4 2023 to 2.5% in Q4 2024, notes the SBI report. “The GDP Now model estimate from Atlanta Fed for real GDP ...

The historical data would seem to back him up: Federal revenue, at 17.1% of GDP during the last fiscal year, was at just about the post-World War II average of 17.2%, but spending was 23.4% ...

JPMorgan now sees US economic growth of 1.6% this year, down from a prior forecast of 1.9%. Morgan Stanley is now at 1.5%, ... Notably though, as the chart below shows, ...