GDP

As the ripple effects of the government shutdown begin, the impact on the economy will not just be the lost productivity of government workers. Click the audio player above to hear the full story.

Despite the drama around the Federal Reserve hiking interest rates, financial markets gyrating and stock indexes tanking, we got a snapshot of the whole economy this morning. The final reading on third-quarter gross domestic product was slightly lower than expected at a 3.4 percent annual growth rate. Marketplace’s Mitchell Hartman explains why this year’s very strong […]

U.S. consumer spending rose for a 7th straight month in September, according the the Commerce Department. Economists expect that trend to continue despite slow wage growth.  

U.S. consumer spending rose for a 7th straight month in September, according the the Commerce Department. Economists expect that trend to continue despite slow wage growth.  

Another $16 billion of tariffs on imports from China will take effect in a couple weeks — Aug. 23 to be precise. That announcement came from office of the U.S. Trade Representative yesterday. Semiconductors and various plastics are on the list. The reaction from China was swift and predictable in this tit-for-tat thing we’ve got going […]