The economic landscape has presented an array of challenges that have profoundly affected the business community this year.
Tag: inflation
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U.S. ECONOMY ADDS 227,000 JOBS IN NOVEMBER
Employers took on another 227,000 workers in November, indicating a strong but not overheated jobs market.
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PRODUCTIVITY GAINS BOOST U.S. GDP GROWTH
The U.S. economy has undergone a boom in productivity, the amount of work accomplished per worker, the U.S. labor department reported.
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TRUMP’S DEPORTATION PLANS RISK WORKER SHORTAGE
Donald Trump’s announced plans to close the U.S. borders and deport “millions” of immigrants could deprive the economy of between 25,000 and 100,000 new jobs in 2025, analysts have estimated.
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U.S. INFLATION INCHES UP IN OCTOBER
The Personal Consumption Expenditures Price Index, the U.S. Federal Reserve’s favorite measure of inflation, edged up to an annual rate of 2.3 percent in October from 2.1 percent the month before, according to the Commerce Department.
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U.S. GDP GREW 2.8 PERCENT IN OCTOBER
The U.S. economy expanded by 2.8 percent in July through September as consumer spending remained strong and exports surged, the Commerce Department said.
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U.S. ECONOMY NOW MORE VULNERABLE TO PRICE SHOCKS, FED OFFICIAL WARNS
The U.S. is now more vulnerable to inflation shocks than in the past, Thomas Barkin, president of the Federal Reserve Bank of Richmond, told the Financial Times.
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EUROPE WILL GROW MORE SLOWLY THAN PREVIOUSLY THOUGHT, EC SAYS
The Eurozone’s economy will expand less in 2025 than previously thought, the European Commission (EC) said last week as it trimmed its next year’s growth forecast to 1.3 percent, down from 1.4 percent foreseen in May.
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GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that have profoundly affected the business community.
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SPOTLIGHT ON U.S. INTEREST RATES
Because the U.S. economy is showing signs of strength and stability, the U.S. Federal Reserve will take its time to assess conditions before deciding when, and how quickly, to continue reducing its interest rates, Fed chair Jerome Powell said in a 14 November Dallas speech.