Survey: Firms Expect Job Cuts in '23 Amid Recession Fears
However, due to inflation, the survey shows that businesses still expect to pay higher wages for the workers they are holding onto. read more >
However, due to inflation, the survey shows that businesses still expect to pay higher wages for the workers they are holding onto. read more >
Half-point rate increases are on the table. read more >
While retail giants like Walmart Inc. of Bentonville and Amazon.com Inc. of Seattle use size to their advantage, it’s tough out there for the little guy. read more >
Two-thirds of the panelists said they think wage gains will keep inflation elevated over the next three years. read more >
The nation's business economists expect slower economic growth this year due to the widespread delta variant of the coronavirus. read more >
U.S. consumer prices surged 0.8% in April, pushing the rise in inflation over the past year to the fastest rate in more than a decade, an acceleration that has stirred rising worries about its effect on the economy. read more >
A majority of business economists think the recovering economy will benefit from much more government spending despite concerns in financial markets that the $1.9 trillion COVID-19 relief measure Congress recently enacted could ignite inflation. read more >
The U.S. economy's growth is likely slowing as 2020 comes to a close, but a growing number of economists expect it to claw back to its pre-pandemic strength by the second half of next year as vaccines for the coronavirus become widely distributed. read more >
Strong financial support from the government and the Federal Reserve have spurred a solid recovery from the pandemic recession, but the rebound may falter without further aid, Fed Chair Jerome Powell warns. read more >
Business economists expect the United States to suffer its worst downturn this year in more than seven decades before growth resumes sometime next year. read more >
A survey of U.S. business economists in mid-April found that one-third of their companies had shut down at least some of their operations, and two-thirds had laid off or furloughed workers or cut their pay to try to minimize the impact of the coronavirus. read more >
Nearly two-thirds of U.S. business economists say the Federal Reserve's interest rate policy is “about right,” a sharp contrast to President Donald Trump's attacks on the Fed for not cutting rates more aggressively. read more >
The nation’s business economists expect U.S. economic growth to decelerate this year and next but for the economy to avoid stumbling into recession, extending a record-breaking expansion already in its 11th year. read more >
The nation's business economists think President Donald Trump's trade war with China will contribute to a sharp slowdown in economic growth this year and next, raising concerns about a possible recession starting late next year. read more >
Seventy-two percent of U.S. business economists surveyed predict a recession next year or in 2021, with 38% forecasting a downturn in 2020, and 34% putting it in 2021. read more >
A number of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump's economic policies that they expect a recession in the U.S. by the end of 2021. read more >
U.S. business economists expect economic growth to slow this year, and a rising proportion of them think corporate sales and profits will decline. read more >
Most U.S. business economists expect corporate sales to grow over the next three months and hiring and pay to rise with them. read more >
A group of top business economists believes the major tax cuts President Donald Trump pushed through Congress will give a significant boost to economic growth this year and next year. But they worry that by 2020, the country could be entering a new recession. read more >
Business economists are expressing optimism that tax cuts and increased government spending will accelerate economic growth over the next two years. read more >
