The unemployment rate has reached 14.7%, the Bureau of Labor Statistics reported today. This is the highest recorded unemployment rate since the metric began...
American’s spending, quantified by the Bureau of Economic Analysis as personal consumption expenditures, decreased $1,127.3 billion or 7.5 percent in March. For reference, total...
Real gross domestic product (GDP) decreased 4.8 percent in the first quarter of 2020, the Bureau of Economic Analysis reported today. In the previous quarter,...
The Congressional Budget Office (CBO) projects the federal deficit to be “roughly $3.7 trillion in fiscal year 2020”. At the beginning of March, projections...
The United States-Mexico-Canada Agreement, or USMCA, will officially enter into force on July 1, 2020. Signed by President Trump on January 29 of this...