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Martin Crutsinger
AP Economics Writer
More from Martin Crutsinger
Manufacturing
Industrial Output Falls Unexpectedly Amid Supply Issues
Many economists had expected a small increase as factories recovered.
Manufacturing
Industrial Production Rebounded in October
Automakers, stung by supply chain problems, posted a strong increase.
Manufacturing
U.S. Manufacturing Growth Slows in October
The sector experienced growing headaches from supply chain bottlenecks and labor shortages.
News
IMF Board Expresses Confidence in Leader
She faced allegations related to data-rigging at the World Bank.
News
Fed Chairman: No Returning to Pre-Pandemic Economy
The pandemic, he said, appears certain to permanently "change the nature of work and the way work gets done."
Manufacturing
U.S. Economy Surpasses Pre-Pandemic Size
Fueled by vaccinations and government aid, the economy grew at a 6.5% annual rate last quarter.
Manufacturing
IMF Forecasts 6% Growth as Economies Reopen
But the agency downgraded its forecast for poorer countries, most of which are struggling to vaccinate.
News
Inflation, a No-Show for Decades, Threatens to Return
Price increases have sparked fears that the quickening recovery could trigger runaway inflation for the first time in a generation.
News
IMF Panel Endorses $650B Increase in Resources
Officials hope to provide more support for vulnerable countries battling the coronavirus pandemic.
News
Powell Says Economy Recovering but Fed Support Still Needed
Although the recovery appears to be strengthening, there are still many pockets of weakness in the U.S. economy.
Consumer
US Economy Shrank 3.5% in 2020
The decline was the largest in 74 years.
News
Yellen Urges Congress to Do More to Fight Pandemic Recession
The Treasury Secretary nominee said the nation risks "long-term scarring of the economy" without further action.