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Mark Zandi

The U.S. Capitol
Government & Politics

House Approves Debt & Funding Plan, Inviting Clash With GOP

The government faces a shutdown if funding stops on Sept. 30. read more >
Ida, now a tropical storm, may have only a modest effect on the overall U.S. economy so long as damage estimates don't rise sharply and refinery shutdowns are not prolonged, economists suggested Sunday.
Energy

Ida: Economists Foresee Only Modest Damage to U.S. Economy

Hurricane Ida is sure to take a toll on the energy, chemical and shipping industries that have major hubs along the Gulf Coast, but the impact on the overall U.S. economy should be modest, economists say. read more >
The U.S. Department of Commerce
Banking & Finance / Manufacturing

Recovery Shows Momentum As GDP Grows 6.4%

Powered by consumers and fueled by government aid, the U.S. economy is achieving a remarkably fast recovery from the recession that ripped through the nation last year. read more >
Banking & Finance / Government & Politics / Manufacturing

Thanks to Consumers, US Economy Is Rising Steadily If Slowly

The economy slowed in the spring, and many analysts think the weakness will continue in the months ahead. Yet consumer spending, which drives about 70% of growth, accelerated in the April-June quarter. read more >
Business Services / Construction / Education

Survey: US Companies Added Healthy 230K Jobs Last Month

U.S. businesses added a robust 230,000 jobs in September, a private survey found, a sign that strong economic growth is spurring companies to add more workers. read more >
Manufacturing / Small Business

Small Businesses Not Keeping with Larger Companies in Hiring

Economist Mark Zandi of Moody's Analytics, which analyzes data provided by ADP's customers, attributes the slower small-business hiring to owners' struggles to find qualified workers for their open positions. read more >

Survey: US Employers Added 177K Jobs in June

American businesses added 177,000 workers in June, a sign of health and resilience for the U.S. labor market and economy, according to a private survey. read more >
Construction / Manufacturing / Real Estate

ADP: US Businesses Add 257K Jobs, Most in a Year

U.S. businesses stepped up hiring last month, led by solid gains in construction and retail, according to payroll processor ADP. read more >
Government & Politics

Survey: US Private Employers Add 135K Jobs in May

A private survey shows U.S. businesses added just 135,000 jobs in May, the second straight month of weak gains. read more >