Getty Images TL;DR Data shows that the economy is doing better than many have expected President Biden has officially forgiven some student debt Inflation remains high and is likely to continue to be ...
Tag: Durable goods
U.S. Durable Goods Orders Soar 1.9% In June
Getty Images Key Takeaways U.S. durable goods orders increased 1.9% in June, driven by a huge 81% increase in military aircraft orders. Core durable goods orders, which removes transportation, governm...
GDP grew at a 6.9% pace to close out 2021, stronger than expected despite omicron spread
The U.S. economy grew at a much better than expected pace to end 2021 though the acceleration likely tailed off as the omicron spread put a damper on hiring and further hindered the global supply chai...