Stay informed on U.S. economic indicators, GDP reports, inflation data, Federal Reserve decisions, and analysis of economic trends shaping America.
A report from the Advancing American Freedom Foundation estimates Trump's Liberation Day tariffs caused up to 1 million fewer U.S. jobs than pre-tariff trends, with manufacturing losing 75,000 positions. Tariff revenue tripled to $215.2 billion by fiscal year-end 2025.
US factory output was unchanged in May, missing expectations of a 0.3% rise and breaking a four-month streak of gains. The stall may reflect supply chain disruptions from the Iran war and rising costs.
Bank of America CEO Brian Moynihan reported that consumers are switching to cheaper pet food brands due to rising inflation and higher gas prices. Monthly card spending rose 5% in May, with travel and dining still strong, but Moynihan warned that if consumer pessimism turns into action, it could hurt the economy.
This commentary argues that despite strong headline job growth, many job seekers still face challenges such as stagnant wage growth and low hiring rates. It contends that the labor market is recovering unevenly, with success depending on sector and location, and that long-term unemployment remains a concern.
This commentary argues that Wall Street's optimistic economic expectations may soon be challenged by lingering policy risks. It contends that elevated crude prices and bond market volatility, as modeled by investment veteran Jim Paulsen, could slow economic momentum and hinder the S&P 500's recent gains.
Financial influencer Haley Sacks argues that the American dream is unattainable for millennials and Gen Z due to systemic issues like student debt, inflation, and stagnant wages. She contends that younger generations seek alternative paths to wealth, but warns against gambling as a solution, emphasizing that investing differs from gambling.
This commentary argues that the US job market remains sluggish for white-collar workers, using Steven Lowe's layoff and prolonged job search as a case study. It contends that cost-cutting, economic uncertainty, and AI adoption have slowed hiring, forcing many to accept part-time work or pay cuts.
This commentary argues that the US economy's resilience stems from underlying dynamism, including high capital expenditure and productivity gains, which have offset shocks from trade tariffs and immigration policies. It contrasts this with Europe's vulnerability, particularly in energy, due to reliance on long-term contracts and interconnected supply networks.
This commentary argues that while US job growth has recently strengthened, many workers still face difficulty finding employment due to low hiring rates and rising long-term unemployment. It contends that inflation outpacing wage growth further compounds the problem, suggesting the labor market recovery remains uneven.
The U.S. trade deficit fell 39% in October 2025 to $29.4 billion, the lowest since June 2009, driven by declining imports and rising exports. CNBC's Rick Santelli reacted with surprise to the data.