Jeffrey Cleveland, chief economist at Payden & Rygel, discusses unemployment rates, growth and business decisions in the U.S. market.
FuturesKrugman Paul. How Fast Can the U.S.Economy Grow[J].Harvard Business Review,1997.123-129.HowFastCantheU.S.EconomyGrow. KrugmanPaul. Harvard Business Review . 1997Krugman, Paul (1997) "How Fast Can the US Economy Grow?", Harvard Business Review, July-August, pp 123-129....
The US economy contracted 3.5 percent in 2020 amid COVID-19 fallout, the largest annual decline of US gross domestic product (GDP) since 1946, according to data released by the US Commerce Department on Thursday. 美国商务部1月28日公布的数据显示,受新冠疫情影响,2020年美国经济萎缩3.5%,为1946年...
The US economy has had the strongest recovery from the COVID-19 pandemic of any major developed economy. Annual inflation is approaching the Federal Reserve’s target without a recession, non-managerial real wages have exceeded pre-pandemic trends, consumer spending is continuing to exceed expectatio...
The state of the U.S. economy can impact your money and life. From economic growth and the national debt to unemployment and interest rates, learn what it means for you.
remain under pressure from the omicron variant, which has kept millions of people hunkered down at home to avoid crowds. Consumer spending, the primary driver of the economy, may be further held back this year by the loss of government aid to households, which nurtured activity in 2020 and ...
The pandemic’s blow to the economy early last spring ended the longest U.S. economic expansion on record — nearly 11 years. The damage from the virus caused GDP to contract at a 5% annual rate in last year’s January-March quarter. Since then, thousands of businesses have closed, nearl...
Since the end of the Cold War, economic globalization has enabled thriving trade that has underpinned the rapid development of the world economy. As the world's two largest economies and significant economic and trade partners, China and the US should engage in dialogue to resolve their trade ...
The growth in the latter half of the year was not enough to offset the sharp downturn from the first few months, when the U.S. economy came to a near standstill to slow the spread of the virus, which has infected more than 25 million Americans and killed over 429,000, the most in ...
This downward cycle can be devastating to individuals and the economy. The highest rate of U.S. unemployment was 24.7% in 1933, during the Great Depression. Unemployment remained above 14% from 1931 to 1940.1 It remained in the single digits until September 1982 when it reached 10.1%. ...