Economy

The U.S. economy expanded at a slower-than-expected 1.5% annual rate in the second quarter. But a closer look show a resiliant consumer, continuing investment and softer-than-expected inflation numbers, all adding up to a further cooling in expectations the Federal Reserve Board will raise interest

If you're wondering why sales for alcoholic beverages seem weaker his year than last, the Democrats on the Joint Economic Committee offer an answer: "Americans have now paid $56.4 billion more for gas since start of Iran War." Money spent of gas is money not

Economic activity in the services sector continued to expand in June, the nation’s purchasing and supply executives say in the latest ISM Services PMI Report. The Services PMI registered 54%, the 24th consecutive month in expansion territory. The report was issued today by Steve Miller, Chair of the Institute

U.S. manufacturing activity remained in expansion territory in June, growing at a slightly slower pace as compared to the month before, the Institute for Supply Management reports. Of the five subindexes that make up the PMI, the New Orders and Production indexes grew slower as compared to the previous

The U.S. economy continues to battle the headwinds posed by trade issues, continued inflation concerns and geopolitical uncertain. The result, the nation's supply and purchasing execs say, is the U.S. economy is expected to expand for the remainder of 2026. The forecast is contained in in