Economy
Latest Articles
US Personal Income Rose 0.2% in August as Spending Surged
Consumer spending jumped 0.9% in August, outpacing income growth and pulling the personal saving rate down to 4.1%.
US Retail Inventories Rose 0.3% to $881.6B in August 2026
End-of-month retail inventories climbed modestly in August after a stronger July gain, Census Bureau data show.
US Economy Grew 2.2% in Q2 2026, BEA Final Estimate Shows
Real GDP rose at a 2.2% annual rate in the second quarter of 2026, driven by consumer spending, investment, and exports.
Fed's Barr Addresses Economic Conditions and Monetary Policy
Federal Reserve Vice Chair Michael Barr spoke to the Detroit Economic Club on current economic conditions and the Fed's monetary policy outlook.