U.S. Economy Expands at 2.9% Rate in Q4
The U.S. economy expanded at a healthy pace in the fourth quarter, though signs of slowing underlying demand mounted as the steepest interest-rate hikes in decades threaten growth this year.
Recession
Inflation Rate Drops for 6th Month; Housing Market Still High
There’s good news on the inflation front: December 2022 marked the sixth straight month that the U.S. rate of inflation has decreased.
Business Leaders Optimistic for 2023, But Inflation and Staffing Worries Linger
According to a new survey, 70% of business leaders said they anticipate their revenue to increase year-over-year. However, they reported that the challenges of the past three years have contributed to ongoing stress.
There is a 70% Chance This Year of a Recession in the U.S., Economists Say
The probability of a downturn climbed from 65% odds in November and is double what it was six months ago.