As Splinter’s resident Cassandra, I must admit to some satisfaction at seeing my many prophecies of doom which began the day after the election having some level of justification to them. To be clear, ...

Unless the red flags signaling a recession become more pronounced, it probably won’t be clear whether the United States is in a recession until July. A recession requires at least two quarters of ...

Korea’s economic “resilience” has weakened, raising the likelihood of negative growth. The country's potential growth rate is declining due to low birthrates and an aging population while delays in ...

The US Bureau of Economic Analysis estimated that real GDP contracted at an annualized rate of 0.3 percent in Q1 2025, the first negative reading since Q1 2022. The April 29 GDPNow nowcasts were well ...

The disconnect between hard data (which capture measurable performance of the economy and are backward-looking) and soft data (which are typically based on sentiment and expectations and are often ...

The economy contracted at a 0.2% annual rate in the first quarter of 2025, the Bureau of Economic Analysis said Thursday in a revision to its estimate of GDP. A preliminary report from the agency ...