The Atlanta Fed's GDPNow forecast for the first quarter was just revised to show a contraction at a 1.5% annual rate. This would be the first quarterly contraction in the economy since the first ...

Mexico’s economy faced a contraction of 0.6% in the fourth quarter of 2024 as indicated by the preliminary data released on Thursday by the National Institute of Statistics and Geography (INEGI). This ...

LONDON (Reuters) -The new British government's plan to increase taxes on businesses contributed to the first contraction in private sector activity in over a year, a survey showed, after signs the ...

At the beginning of 2025, the U.S. economy faltered, experiencing its first contraction in three years. Faster-than-expected price increases and a dramatic increase in imports caused GDP to fall into ...

The U.S. ISM Services PMI retreated to 49.9 in May from 51.6 in April, missing the 52.0 consensus, according to data released by the Institute for Supply Management on Wednesday. This marks the first ...