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U.S GDP plunges 31.4% in Q2 2020

Real gross domestic product (GDP) in the U.S decreased 31.4 percent in the second quarter of 2020, according to the third estimate released by the...

Fannie Mae : U.S. economic growth expectations largely unchanged as lockdown...

Despite substantial revisions to the components constituting real GDP, headline growth expectations on a quarterly and full-year basis were only slightly changed compared to...

IHS Markit downgrades global recession probability to one in five

-Barring major policy misstep, global growth will stabilize, with “green shoots” sprouting as 2020 progresses After weakening considerably in 2019, global growth is expected to...

U.S economic activity expands, labor markets remains tight : Fed Beige...

Federal Reserve has released its 'The Beige Book' which is a Federal Reserve System publication about current economic conditions across the 12 Federal Reserve...

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