GDP

Stocks tumbled Thursday after a stronger-than-expected U.S. gross domestic product report showed that final third-quarter growth came in at 3.2% against a consensus estimate of 2.9%. The SPDR S&P 500 ETF Trust (NYSE: SPY) was trading down 1.28% after the open Thursday....

As the U.S. economy’s real gross domestic product rebounded by 2.6% (seasonally adjusted annual rate) in the third quarter, consumer spending was moderately unchanged as the personal consumption expenditures (PCE) index increased by 0.6% to $113 billion in September.  This is...

The U.S. Bureau of Economic Analysis will be reporting on Oct. 28 an advanced estimate of third-quarter gross domestic product (GDP). In the first half of the year, America’s GDP saw two declining quarters of GDP growth, which typically means the country is in a technical recession...

Foreign investors have sold a record net 17.9 billion yuan ($2.5 billion) of mainland China shares through trading links with Hong Kong on Monday, with the year-to-date investment level turning into a small net outflow. If the trend continues through the end of the year, it would be the first...

Ask economists, analysts and the White House if the United States is in a recession, and you will get different answers. With the U.S. posting two straight quarters of negative GDP growth, one definition of a recession was hit this week. Did the world’s richest man correctly predict a...

Free community based online encyclopedia Wikipedia allows users to update sites with information and facts. Sometimes users take things too far and post funny items or inaccurate information. In the case of the word “recession,” multiple attempts to change the definition led to the page...

The White House shared a blog post explaining whether the U.S. economy was in a recession. The blog post may have changed the underlying factors of what considerations make a recession happen, something that caught the attention of noted investor Michael Burry. What Happened: The White House blog...

For the first time since the start of the COVID-19 pandemic in 2020, the Bureau of Economic Analysis has reported a decrease in real gross domestic product –— GDP.  What Happened: The BEA released its third estimate Wednesday of the GDP net percentage change for...

Gripping traders are uncertainties with respect to the path of the economy and markets. In the news are pundits expressing their perspectives about recession odds and the like. Notwithstanding, all too often, many of these same individuals do not have capital at risk. It’s easy...

The S&P 500 recently entered market correction territory with a 20% drop from all-time highs. The new debate is if the U.S. could enter a recession in 2022, or to some if we are already in a recession. Searches for the word recession are hitting huge levels, suggesting people are increasingly...

Shares of U.S.-listed companies rose in Singapore on Monday after government data showed that Singapore’s economy grew 7.2% in 2021, rebounding from a pandemic-induced 5.4% contraction in the previous year. What’s Moving: Singapore’s Straits Times Index rose 0.2% on Monday...

It was a rather pedestrian FOMC Statement day on Wednesday. There is GDP data incoming, and the widely Fed-followed Core PCE Price Index data comes out on Friday. What can we take away from the FOMC Statement and press conference? Rates unchanged. No rush to raise interest rates. Inflation should...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Earnings and the Fed have dominated the week up until now, but this morning data finds a spot in the sun.  U.S. Q2 gross domestic...

The latest CPI numbers were released on May 12, showing a 0.8% increase in prices from the previous month. This number was well above the 0.2% that was expected, and it triggered a quick 2.5% loss in the S&P 500 and an even greater loss in the Nasdaq. Is the market terrified at the prospect of...

The Federal Reserve stayed on message and was suitably dovish at its latest FOMC meeting. There were a few subtle changes to the language of the FOMC statement and in Chairman Powell’s post-meeting remarks. The committee reaffirmed it wants to observe substantial progress toward its dual...