Latest Economic outlook News

Fed is likely to reinforce a message of continued low rates

Dec. 9, 2019 2:42 PM EST

WASHINGTON (AP) — The Federal Reserve is expected to send a clear message when its latest policy meeting ends Wednesday: Interest rates will likely stay ultra-low for the foreseeable future. Behind that message is a view that has gained support at the Fed as the U.S. economic expansion has entered a record...

Business economists see US slowing but avoiding recession

Dec. 9, 2019 9:47 AM EST

Washington (AP) — 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. The latest survey by 53 forecasters with the National Association for...

German exports rise in October, defying expectations

Dec. 9, 2019 3:32 AM EST

BERLIN (AP) — German exports posted a second consecutive month-on-month increase in October, defying economists' expectations of a slight decline. The Federal Statistical Office said Monday that exports rose 1.2% compared with the previous month. That followed a 1.5% increase in September. In year-on-year...

Japan economy marks 4th straight quarter of expansion

Dec. 8, 2019 11:55 PM EST

TOKYO (AP) — Japan's economy expanded at a faster than earlier estimated annual rate of 1.8% in July-September, powered by stronger consumer purchases and corporate investment ahead of an Oct. 1 tax hike. However that tax increase is expected to hurt growth in coming months. The data issued Monday were a...

STORY REMOVED: AP-NABE Economic Outlook

Dec. 8, 2019 4:12 PM EST
WASHINGTON (AP) — The Associated Press has withdrawn its story about the United States' economic outlook because the report has an embargo of 12:01 a.m. Monday, Dec. 9. AP will resend the story when the embargo has lifted.

Q&A: Does a manufacturing slump threaten the US economy?

Dec. 7, 2019 10:52 AM EST

WASHINGTON (AP) — Defying fears and predictions, the U.S. economy is still shrugging off President Donald Trump’s trade conflicts. Employers added a sizzling 266,000 jobs in November, and unemployment matched a 50-year low of 3.5% — all while the Trump administration is waging a bruising...

US jobs data to give clues to economy amid trade uncertainty

Dec. 6, 2019 7:57 AM EST

WASHINGTON (AP) — Friday’s November jobs report will provide insight into whether steady hiring remains a source of strength for the U.S. economy even as the Trump administration’s trade conflicts have heightened uncertainties for employers. Economists have forecast that the government will...

Asian shares rise on optimism about US-China trade deal

Dec. 4, 2019 9:51 PM EST

TOKYO (AP) — Asian shares were rising Thursday amid renewed hopes a U.S. trade deal with China may be nearing, despite tough recent talk from President Donald Trump. Japan’s benchmark Nikkei 225 gained 0.7% to 23,300.03 in early trading, while Australia’s S&P/ASX 200 added nearly 1.0% to...

Survey: Businesses added just 67,000 jobs in November

Dec. 4, 2019 12:36 PM EST

WASHINGTON (AP) — U.S. companies added just 67,000 jobs in November, a private survey found, barely half the gain of the previous month. Payroll processor ADP said that manufacturers, construction firms and mining companies cut 18,000 jobs combined. Companies with fewer than 20 employees also slashed...

European business leaders lose confidence amid trade tension

Nov. 28, 2019 3:26 PM EST

LONDON (AP) — A survey of dozens of Europe’s top business executives shows their optimism is waning as trade tensions and other geopolitical uncertainties cloud the outlook for the global economy. A poll of 50 CEOs and chairmen carried out by German research group ZEW on behalf of the European Round...