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