Nobel laureate Joseph Stiglitz pointed to several concerns he had about the US economy, like the decline in blue-collar jobs & uncertainty over rates.

The core PCE price index was expected to increase 3% from a year ago in December. GDP was projected to rise at a 2.5% pace in Q4.

The U.S. economy grew at an annual rate of 1.4% in the fourth quarter – a sharp drop from the 4.4% of the prior period, the Bureau of Economic Analysis said on Friday.

The U.S. economy is showing signs of stabilization, but Americans remain unsatisfied. Economists say a mix of factors explain the discrepancy.

US economic growth drastically slowed and the Fed’s preferred inflation gauge heated up at the end of 2025 – complicating the path to more interest rate cuts, economic reports indicated Friday. Gross domestic product,

Core PCE prices accelerated to a 3% annual increase in December, hitting their highest level since February in a clear sign that inflation is staying stubbornly above the Fed's target of a 2% annual rate.

While the jobs report will likely draw the economic headlines, especially since the Federal Reserve has said it is concerned about the labor market, there will also be a crucial update on the inflation picture on Friday with the release of January’s consumer price index.

The economy is losing momentum, according to new numbers from the Federal Reserve’s favorite inflation gauge. The Personal Consumption Expenditures, which tracks what consumers pay for goods and

Discover why real GDP offers a more accurate picture of economic growth by adjusting for inflation and when nominal GDP might be more useful for short-term analysis.

President Donald Trump said that last year’s government shutdown cost the US “at least two points in GDP” in a social media post less than an hour before the government was expected to release the first estimate of the fourth-quarter change in inflation-adjusted gross domestic product.