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The latest news on the economy, jobs market, U.S. trade and housing, including the latest news and analysis on the Federal Reserve and Central Banking.
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Economy
16 hours ago · Federal Reserve Chair Jerome Powell said Wednesday there was no sign of stagflation in the economy, even as inflation remains stubbornly ...
GDP is composed of goods and services produced for sale in the market and also includes some nonmarket production, such as defense or education services ...
The U.S. goods and services trade deficit increased from $67.6 billion in January (revised) to $68.9 billion in February, as imports increased more than exports ...
13 hours ago · News and headlines on the state of the US economy. The latest economic data, reports and updates from the US, including budgets and inflation forecasts.
(3) Average Hourly Earnings for all employees on private nonfarm payrolls. (4) All items, U.S. city average, all urban consumers, 1982-84=100, 1-month percent ...
The economy consists of the production, sale, distribution, and exchange of goods and services. Browse Investopedia's expert-written library to learn more.
BEA produces some of the most closely watched economic statistics that influence decisions of government officials, business people, and individuals.