Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
Also, despite elevated prices, Americans continue to spend, and consumer spending is the dominant force in the U.S. economy.
Analysts do not expect an immediate deal to avert a historic default, which the Treasury Department has warned could come as soon as June 1. Forecasters warn a default would likely send the U.S. economy into deep recession with soaring unemployment.
And the U.S. economy — at the consumer and corporate levels — proved to be more resilient than many thought possible in a world of higher interest rates.
Another report estimated the U.S. economy grew at a in the first three months of the year, stronger than the 1.1% earlier thought.
An Oxford Economics commissioned by the US-China Business Council found that revoking PNTR status could cost the U.S. economy $1.6 trillion over a five-year timeframe and lead to the loss of 744,000 jobs.
Source: https://foreignpolicy.com/2023/12/15/us-china-committee-new-report-beijing-competition/
A senior Biden administration official claimed Wednesday that racial discrimination against black people cost the U.S. economy $16 trillion over 20 years.
Source: https://dailycaller.com/2023/04/12/susan-rice-racial-discrimination-economy/
A survey of consumer confidence slipped in January to 107.1, reflecting growing worries about a potential recession as rising interest rates and high inflation degrade the U.S. economy.
Source: https://investorplace.com/2023/02/are-you-missing-the-oil-trade/
Bank lending fuels the U.S. economy.
But the country’s woes hadn’t altered Ms. Yellen’s upbeat outlook for the U.S. economy, she added, despite the potential spillover effects.
Source: https://www.nytimes.com/2023/08/15/business/stocks-markets-china-fed.html
By the early 2000s, the financial services sector was making more than 30% of total domestic profits in the U.S. economy, despite employing 7% of workers.
Source: https://time.com/6265084/fed-interest-rate-bank-failures-economy/
DeSantis does call for “decoupling” the U.S. economy from China.
During a workout in 2019 in the Senate gym, he began forming a plan with Senator Todd Young, Republican of Indiana, to bolster the U.S. economy by dedicating over $100 billion to technology research.
Source: https://www.nytimes.com/2023/08/06/business/economy/schumer-new-york-chips-funds.html
During the decade leading up to the pandemic Connecticut’s economy contracted 0.5% even while the U.S. economy expanded by 19%.
Source: https://ctmirror.org/2023/10/04/connecticut-has-a-revenue-problem/
Even under those conditions, the U.S. economy would shave only 0.1 percent off its inflation-adjusted growth in 2024, and 0.2 percent in 2025.
Source: https://www.nytimes.com/2023/08/26/business/economy/us-economy-china.html
For two years, Democrats in Washington banked on supply-side fiscal policy propping up consumer demand to pull the U.S. economy out of pandemic-driven doldrums.
Holiday sales are expected to increase 3% to 4% this year when compared to last Christmas, but with uncertainty in the U.S. economy, most shoppers say they’re looking for better prices and promotions.
Housing is one of the cornerstones of the U.S. economy.
Source: https://investorplace.com/2023/04/why-a-housing-market-crash-may-be-closer-than-you-think/
If the U.S. economy is fine, the dollar weakens, and global capital markets rise.
If things go just right and the U.S. economy doesn't weaken too much then the cautionary forecasts can be adjusted to a more positive stance.
Source: https://seekingalpha.com/article/4652826-wall-street-stormy-seas-ahead?source=feed_all_articles
If you forget the SVB bank panic, things have been looking pretty good in the overall U.S. economy this year.
Source: https://time.com/6265084/fed-interest-rate-bank-failures-economy/