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News stories about Economy

 
Jun 7, 2019  11:20 ET
Jobs report signals possible slowdown in U.S. economy
Hiring cooled off considerably in May in what could be a warning sign that the U.S. economy is slowing down. The U.S. added 75,000 jobs last month, and the gains in March (153,000) and Ap...
Jan 23, 2019  15:30 ET
Fannie Mae: Shutdown weakens GDP outlook
The partial government shutdown, at a record 33 days and counting as of Wednesday, has already damaged the economy, according to Fannie Mae’s chief economist. “Absolutely, it is having a...
Nov 16, 2018  15:05 ET
Moody's economist: Recession could hit in 2020
U.S. homeowners won’t cause the next recession and neither will the government’s bloated debt, but overextended corporations could be a trigger. That’s the prediction of Moody’s Analytics...
Sep 21, 2018  11:00 ET
Fannie economist: Housing slowdown drags on economy
In its latest forecast, Fannie Mae predicted that the U.S. economy had peaked in the second quarter in terms of gross domestic product (GDP) growth and would slow gradually going foward, in part dri...
Sep 7, 2018  10:45 ET
U.S. economy posts solid job gains in August
The unemployment rate continued to stay near 18-year lows in August, and American workers saw a healthy bump in wages over the month, according to the latest jobs report from the U.S. Department of ...
Jul 23, 2018  12:55 ET
Home prices continue to rise, but more slowly
Median home prices across the country continued to appreciate during the past second quarter, although home-price increases decelerated to their slowest pace in two years, according to Attom Data S...
Jul 13, 2018  15:30 ET
Economists: A trade war could spark a downturn
The Trump administration’s escalating trade battle with China has so far had practically no impact on the U.S. housing and mortgage markets, but a global trade war could potentially sting the U.S. e...
Jul 6, 2018  9:40 ET
U.S. economy adds 213k jobs in June
The U.S. economy continued its nearly eight-year unbroken streak of jobs gains in June, but the unemployment rate edged up on a wave of new job seekers.    Job additions totaled 213,000 i...
Jun 28, 2018  16:10 ET
Flattening yield curve raises recession fears
On the face of it, the U.S. economy looks to be in great shape. The unemployment rate is at an 18-year low and consumer confidence is sky high. But one metric has worried economists and Wall Street....
Jun 15, 2018  11:10 ET
Fannie economist: Mortgage market faces turbulence
A recent Fannie Mae survey suggests that senior executives at mortgage companies are taking a dimmer view on the outlook for profitability and the demand for home loans. Doug Duncan, Fannie’s chief...
Apr 20, 2018  11:10 ET
Booming housing market faces few threats
U.S. home prices continue to hit new record highs, raising concerns that certain markets could already be in a price bubble. Ralph DeFranco, the global chief economist for the mortgage insurer Arch...
Apr 6, 2018  14:45 ET
Employment growth in March slows sharply
The U.S. unemployment rate remained flat once again this past March as the rate of 4.1 percent was unchanged for a sixth straight month, according to figures released Friday by the U.S. Dep...
Mar 9, 2018  12:00 ET
U.S. job gains crush experts' expectations
The U.S. economy added 313,000 jobs in February and the unemployment rate remained at a historically low level of 4.1 percent for the fifth consecutive month, the U.S. Department of Labor reported. ...
Jan 29, 2018  16:20 ET
GDP growth is solid, economists say
Although growth slowed to end the year, housing economists were generally upbeat about the pace of the economy headed into 2018. Real Gross Domestic Product (GDP) increased at an annual r...
Dec 8, 2017  10:20 ET
U.S. posts strong job gains in November
The U.S. added 228,000 jobs in November and unemployment held steady at 4.1 percent, the U.S. Department of Labor reported on Friday. Wages also rose. Sectors posting strong g...
 

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