Commerce Department Reports Trade Deficit Decline

Officials add 1.42 percentage points to GDP in second quarter.  The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced this week that America’s trade deficit…

Read More

Administration Seeks to Redefine Recession

Senator Wicker says that changing the definition doesn’t change the pain.  On Thursday, the U.S. Department of Commerce will release its second-quarter gross domestic product (GDP) reading, a…

Read More

White House Economist Discusses Recession Threat

U.S. is equipped for downturn, he said.  America’s gross domestic product (GDP) shrank by 1.4 percent in the first quarter of 2022 after posting significant gains to round…

Read More

Back to top
FE3