Bessent says US 'going to finish the year' with 3% GDP growth despite government shutdown

Treasury Secretary Scott Bessent predicts the U.S. will finish 2025 with 3% GDP growth despite economic volatility from ...
The Economist

Which economy did best in 2025?

Our annual ranking returns ...

Treasury Secretary Bessent predicts 3% GDP growth as Trump preps economy tour: ‘We’re fixing it’

Democrats caused the affordability problem,” Trump said at a White House roundtable event Monday. “They caused it — we’re ...
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GDP shrinks for first time in 3 years as Trump tariffs trigger record trade deficit. Tip of the iceberg?

The U.S. economy contracted in the first quarter of 2025 for the first time in three years, reflecting a surge in imports ahead of President Donald Trump’s tariffs and a slowdown in consumer spending.

Despite US trade war, OECD expects global economy will grow 3.2% this year

The 38-country OECD now forecasts that the world economy will grow 3.2% this year, down a tick from 3.3% in 2024 but an ...

K-shaped economy and inflation boost Black Friday sales by 4.1% from last year, online spending jumps 9.1%

US retail sales on Black Friday, the busiest shopping day of the year, climbed 4.1% compared with last year, according to data released Saturday by Mastercard SpendingPulse. Online shoppers alone ...

After years of leading the nation, Colorado’s economy shows signs of cooling | FISCAL ROCKIES

Once among the nation’s fastest-growing economies, Colorado today confronts mounting challenges that threaten its momentum. This series reveals how a state once defined by prosperity is navigating ...

China likely to chase 5% GDP growth in 2026 in bid to end deflation

China is likely to stick to its current annual economic growth target of around 5% next year, government advisers and ...

Australia’s GDP Set to Hit Three-Year High as Rate Hikes Debated

Australia’s economic growth probably accelerated at the fastest pace in three years last quarter, coinciding with hotter ...