CNBC survey: Economic growth set to slow sharply this year and next
The average forecast for gross domestic product growth this year is just 2.3 percent, according to the CNBC Fed Survey for March, because of the trade battle and slowing global growth......»»
US economic growth is likely to slow sharply this year and next, according to survey
The average forecast for gross domestic product growth this year is just 2.3 percent, down from 2.44 percent expected in.....»»
Economic Report: Economy expands for first time in five months, leading indicators show
A survey of economic conditions in the U.S. rose in February for the first time in five months, perhaps a sign growth is poised to pick up a bit after a very slow start early in the year. The leading economic index increased 0.2%......»»
China growth will slow sharply as 2019 begins, says TCW"s Foley
TCW Portfolio Manager Penny Foley expects economic output in China to slow considerably to start next year. She discusses her forecast for emerging markets as part of the Reuters Global Investment Outlook Summit.....»»
Australia"s Economy Is A House Of Cards, Set For Sharp Downturn In 2019Â
Damien Boey, a research analyst at Credit Suisse, has warned that economic growth in Australia could slow quite sharply next year, raising the prospect that a slowdown could be immient. Boey expects the recent growth spurt driv.....»»
US tech stock futures slide as 10-year yield surges past 1.7% after Fed raises growth and inflation forecasts
US bond yields rose sharply in European trading after the Fed decision, dealing a fresh blow to tech stocks. Fed chair Jerome Powell said the central bank was not thinking of cutting back on economic support Mark Wilson/Getty Images The key U.....»»
Economic Report: Hiring sank in December to cap off worst year for U.S. labor market since 2009
Businesses sharply cut back on the number of people they hired at the end of 2020, a new survey shows, with most of the decline at restaurants, hotels and other companies hurt most by the coronavirus. The U.S. lost a net 5.5 million jobs in 2020......»»
Credit Suisse sees 2020 economic contraction in Mexico of 4%
Credit Suisse sharply lowered its forecast for Mexican economic growth this year and now expects a 4.0% contraction, citing "significant downside risks," according to a note sent to the bank's clients on Tuesday......»»
The coronavirus will slam the brakes on California"s economic growth, study says
California's growth will slow this year as unemployment rises and j.....»»
Most CEOs Say Global Growth Will Slow In 2020: PwC
More than 50% of corporate CEOs surveyed by PwC said global economic growth could slow down this year, reported Reuters. 0 read more.....»»
U.S. slowdown deepens as economic growth slips to 1.9 percent pace in third quarter
Trump promised at least 3 percent growth a year, an annual pace he has yet to achieve. Consumers are still spending, but businesses have pulled back sharply as the trade war and global tensions escalate......»»
DBEDT report shows slow consumer debt growth across the state
Total consumer debt increased 2.3% for Hawaii consumers year-over-year in Q2 according to a new report published by the state Department of Business, Economic Development and Tourism on Friday. Chief State Economist Eugene Tian, told PBN that while.....»»
More Economists Now Expect Recession, Trade Uncertainties to Blame
The forecast for U.S. economic growth this year and next has deteriorated according the most recent survey of economists by the National Association of Business Economics. Four out of five believed........»»
Bond Report: U.S. Treasury yields fall sharply, 2-year/10-year yield curve inverts, triggering recession indicator
U.S. Treasury yields fell sharply on Wednesday after a raft of weak economic data from China and Germany underlined a slowdown in global growth, offsetting hopes that U.S.-China trade talks were making progress......»»
Levi shares drop, sees slower growth
Levi Strauss shares fell sharply Wednesday after the jeansmaker warned sales growth would slow in the second half of the year. Fred Katayama reports......»»
U.S. trade, services industry data underscore slowing economy
The U.S. trade deficit jumped in May and trade tensions between the United States and China helped drive activity in the services sector to a two-year low in June, further signs that economic growth slowed sharply in the second quarter......»»
Weak U.S. employment report raises red flag on economy
U.S. job growth slowed sharply in May and wages rose less than expected, raising fears that a loss of momentum in economic activity could be spreading to the labor market, which could put pressure on the Federal Reserve to cut interest rates this year......»»
Weak U.S. employment report casts pall over economy
U.S. job growth slowed sharply in May and wages rose less than expected, raising fears that a loss of momentum in economic activity could be spreading to the labor market, which could put pressure on the Federal Reserve to cut interest rates this year......»»
U.S. May payrolls rose less than expected
U.S. job growth slowed sharply in May and wages rose less than expected, suggesting the loss of momentum in economic activity was spreading to the labor market, which could increase calls for the Federal Reserve to cut interest rates this year......»»
U.S. job growth slows sharply in May; wage gains moderate
U.S. job growth slowed sharply in May and wages rose less than expected, suggesting the loss of momentum in economic activity was spreading to the labor market, which could increase calls for the Federal Reserve to cut interest rates this year......»»
Survey: US recession odds jump as Trump trade wars bite
The odds of a US recession by next year have increased sharply, with mounting protectionism continuing to pose the greatest economic threat, according to a business economic survey Monday......»»