We review the “production approach” to estimating markups—the ratio of price to marginal cost. Paired with increasingly rich ...
The final Q2 2025 US GDP estimate was revised sharply higher to 3.8% SAAR, signaling surprising economic resilience and strong consumer demand. Upward revisions in consumer spending, especially ...
The pay gap between low-wage and high-wage workers is “wider than ever,” with workers at the top making about five times the annual pay of their lower-income counterparts, ADP's chief economist said ...
Gross domestic product grew at a 3.8% annual rate in April through June, up from a previous estimate of 3.3%, as consumer spending was revised higher.
Although recent vaccine approvals have raised hopes of a turnaround in the pandemic later this year, renewed waves and new variants of the virus pose concerns for the outlook. Amid exceptional ...
After strong growth in 2017 and early 2018, global economic activity slowed notably in the second half of last year, reflecting a confluence of factors affecting major economies. China’s growth ...
A "Now Hiring" sign hangs in the window of a hair salon in the Greater Boston town of Medford, Massachusetts, U.S., August 12, 2025. REUTERS/Brian Snyder U.S. job openings increased marginally in ...