The economy rebounded an astonishing 4.0% from the first quarter's downturn. Check here to find BEA revisions in GDP going back to 2011.
Inflation targeting is a monetary policy that sets a goal for inflation. The Federal Reserve's inflation rate target is 2%. Here's how it works.
The demand curve plots out the demand schedule, which is the quantity demanded at different prices.
Welfare programs are government subsidies to the poor. Here's the facts for 6 in the U.S.: TANF, Medicaid, Food Stamps, SSI, EITC, and Housing Assistance.
Consumer spending drives nearly 70% of the U.S. economy. But what do these statistics mean? What are the current consumer trends and habits?
In June, durable goods orders rose .7%. This leading indicator measures demand for military equipment, commercial airplanes and business machinery.
Retailing is how producers of goods and services get their products to consumers.
The inflation rate was .3% in June. The core inflation rate was 1.9% year-over-year, just under the Fed's target.
Manufacturing jobs create new products from raw materials. They pay well, but are disappearing thanks to robotics.
Jobs outsourcing is how U.S. companies hire lower-paid workers in emerging markets instead of Americans.Here's the different types of outsourcing, and their impact.