AP Economics Writer
More from Martin Crutsinger
Industrial Output Falls Unexpectedly Amid Supply Issues
Many economists had expected a small increase as factories recovered.
Jan 17th, 2022
Industrial Production Rebounded in October
Automakers, stung by supply chain problems, posted a strong increase.
Nov 16th, 2021
U.S. Manufacturing Growth Slows in October
The sector experienced growing headaches from supply chain bottlenecks and labor shortages.
Nov 2nd, 2021
IMF Board Expresses Confidence in Leader
She faced allegations related to data-rigging at the World Bank.
Oct 12th, 2021
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."
Aug 18th, 2021
U.S. Economy Surpasses Pre-Pandemic Size
Fueled by vaccinations and government aid, the economy grew at a 6.5% annual rate last quarter.
Jul 29th, 2021
IMF Forecasts 6% Growth as Economies Reopen
But the agency downgraded its forecast for poorer countries, most of which are struggling to vaccinate.
Jul 27th, 2021
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.
May 24th, 2021
IMF Panel Endorses $650B Increase in Resources
Officials hope to provide more support for vulnerable countries battling the coronavirus pandemic.
Apr 9th, 2021
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.
Mar 23rd, 2021
US Economy Shrank 3.5% in 2020
The decline was the largest in 74 years.
Jan 28th, 2021
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.
Jan 19th, 2021