Economic Outlook

FILE - In this Friday, Dec. 13, 2019, file photo trader Robert Charmak works on the floor of the New York Stock Exchange. Stocks are opening higher on Wall Street on Monday, Dec. 16, following gains overseas as China reported encouraging news on its economy. (AP Photo/Richard Drew, File)
December 16, 2019 - 3:09 pm
Stocks are closing broadly higher on Wall Street Monday, pushing major indexes to more record highs. Surprisingly strong reports on China's economy helped drive the rally. That's layered on top of investor optimism from last week’s initial trade deal between China and the United States. Health care...
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Federal Reserve Chair Jerome Powell removes his glasses as he listens to a question during a news conference after the Federal Open Market Committee meeting, Wednesday, Dec. 11, 2019, in Washington. The Federal Reserve is leaving its benchmark interest rate alone and signaling that it expects to keep low rates unchanged through next year. (AP Photo/Jacquelyn Martin)
KNSS News
December 11, 2019 - 2:48 pm
WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate alone Wednesday and signaled that it expects to keep low rates unchanged through next year. The Fed's decision follows three rate cuts earlier this year. It reflects its view that the U.S. economy has so far withstood the U.S.-...
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FILE - In this Nov. 25, 2019, file photo Federal Reserve Board Chair Jerome Powell addresses a round table discussion during a visit to Silver Lane Elementary School, in East Hartford, Conn. On Wednesday, Dec. 11, the Federal Reserve issues a statement and economic projections, followed by a news conference with Powell. (AP Photo/Steven Senne)
December 11, 2019 - 5:19 am
WASHINGTON (AP) — The Federal Reserve is set to leave its benchmark interest rate unchanged Wednesday and will likely signal that it expects rates to remain low well into next year despite a robust job market. Many economists have said they think sluggish growth will even compel the Fed to cut...
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December 09, 2019 - 2:32 am
BERLIN (AP) — German exports posted a second consecutive month-on-month increase in October, defying economists' expectations of a slight decline. The Federal Statistical Office said Monday that exports rose 1.2% compared with the previous month. That followed a 1.5% increase in September. In year-...
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December 08, 2019 - 9:08 pm
TOKYO (AP) — Japan's economy grew at an annual rate of 1.8% in July-September, according to revised government data, better than the modest annual pace of 0.2% it gave as an earlier estimate. The world's third largest economy has marked the fourth straight quarter of expansion, supported by...
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December 08, 2019 - 3:00 pm
WASHINGTON (AP) — The nation’s business economists expect U.S. economic growth to decelerate this year and next but for the economy to avoid stumbling into recession, extending a record-breaking expansion already in its 11th year. The latest survey by 53 forecasters with the National Association...
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FILE - In this Thursday, July, 5, 2018 file photo, a jockey truck passes a stack of 40-foot China Shipping containers at the Port of Savannah in Savannah, Ga. Defying fears and predictions, the American job market is still shrugging off President Donald Trump’s trade wars. Employers added an impressive 266,000 jobs in November, and unemployment returned to a 50-year low 3.5% _ all at a time when the Trump administration is engaged in a bruising trade war with China while fighting other U.S. trading partners as well. (AP Photo/Stephen B. Morton)
December 07, 2019 - 9:52 am
WASHINGTON (AP) — Defying fears and predictions, the U.S. economy is still shrugging off President Donald Trump’s trade conflicts. Employers added a sizzling 266,000 jobs in November, and unemployment matched a 50-year low of 3.5% — all while the Trump administration is waging a bruising trade war...
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FILE - In this Nov. 27, 2019, file photo Balo Balogun labels items in preparation for a holiday sale at a Walmart Supercenter in Las Vegas. On Friday, Dec. 6, the U.S. government issues the November jobs report. (AP Photo/John Locher, File)
December 06, 2019 - 6:57 am
WASHINGTON (AP) — Friday’s November jobs report will provide insight into whether steady hiring remains a source of strength for the U.S. economy even as the Trump administration’s trade conflicts have heightened uncertainties for employers. Economists have forecast that the government will report...
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FILE - In this Sept. 18, 2019, file photo people stand in line to inquire about jobs available at the Bean Automotive Group during a job fair designed for people fifty years or older in Miami. On Wednesday, Dec. 4, payroll processor ADP reports on how many jobs its survey estimates U.S. companies added in November. (AP Photo/Lynne Sladky, File)
December 04, 2019 - 8:20 am
WASHINGTON (AP) — U.S. companies added just 67,000 jobs in November, a private survey found, barely half the gain of the previous month. Payroll processor ADP said that manufacturers, construction firms and mining companies cut 18,000 jobs combined. Companies with fewer than 20 employees also...
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FILE - In this Oct. 19, 2019, file photo Eldon Sylvester harvest soybeans in his field near Wamego, Kan. On Wednesday, Nov. 27, the Commerce Department issues the second estimate of how the U.S. economy performed in the July-September quarter. (AP Photo/Charlie Riedel, File)
November 27, 2019 - 12:08 pm
WASHINGTON (AP) — A series of government reports Wednesday cast a picture of a steadily growing U.S. economy, fueled by solid consumer spending and defying threats — at least for now — from a U.S.-China trade war and a global slowdown. The Commerce Department estimated that the economy grew at a...
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