US economy

Illustration: Jinhwa Jang for Bloomberg Businessweek
Bloomberg Special

Is a US recession near? Making the call is trickier than ever

Traditional economic indicators can’t predict the timing of a downturn, but newer forecasting methods are untested

Customers visit Macy's flagship store in New York City, New York, US, May 20, 2021. REUTERS/Eduardo Munoz
USA

US inflation retreating as consumer prices fall; labor market still tight

FILE PHOTO: Heather Boushey, appointed to be a member of the Council of Economic Advisers, speaks as US President-elect Joe Biden announces nominees and appointees to serve on his economic policy team at his transition headquarters in Wilmington, Delaware, US, December 1, 2020. REUTERS/Leah Millis/File Photo
USA

US likely headed for economic 'soft landing' -White House's Boushey

US job growth surges by half a million in July: Government
USA

US labor market powers ahead, but wage growth loses steam

U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration
Global Economy

Dollar loses ground after economic data boosts risk appetite

Pedestrians pass in front of the New York Stock Exchange in New York.Photographer: Michael Nagle/Bloomberg
Bloomberg Special

The $24 trillion treasury world suddenly looks less dangerous

US budget deficit drops by half in 2022 on pandemic recovery
USA

US budget deficit drops by half in 2022 on pandemic recovery

Customers visit Macy's flagship store in New York City, New York, US, May 20, 2021. REUTERS/Eduardo Munoz
Global Economy

Inflation pushes over half of Americans to consider second jobs

FILE PHOTO: U.S. President Joe Biden delivers remarks following a tour of IBM in Poughkeepsie, New York, U.S., October 6, 2022. REUTERS/Tom Brenner/File Photo
USA

If there is a recession, it will be 'very slight,' Biden says

Xi JinpingPhotographer: Nicolas Asfouri/AFP/Getty Images
Bloomberg Special

China's shot at overtaking the US economy is at stake in Xi's next term

Autonomous robots assemble an X model SUV at the BMW manufacturing facility in Greer, South Carolina, U.S. November 4, 2019. REUTERS/Charles Mostoller/File Photo
Global Economy

US manufacturing nearly brakes; price pressures abating

Almost every manufacturer operating in the US, or elsewhere, leans on China for raw materials. Photo: Reuters
Bloomberg Special

The holes in America’s China-style industrial policy

The US Treasury building is seen in Washington, September 29, 2008. REUTERS/Jim Bourg/File Photo
USA

US SEC draft rules could boost resilience of $24 trillion Treasury market