Martin Crutsinger | Design and Development Today

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Industrial Output Falls Unexpectedly Amid Supply Issues

Many economists had expected a small increase as factories recovered.

January 17, 2022

Subaru dealership in Littleton, Colo., Sept. 12, 2021.

Industrial Production Rebounded in October

Automakers, stung by supply chain problems, posted a strong increase.

November 16, 2021

Containers stacked at the Port of Long Beach in Long Beach, Calif., Oct. 1, 2021.

U.S. Manufacturing Growth Slows in October

The sector experienced growing headaches from supply chain bottlenecks and labor shortages.

November 2, 2021

Kristalina Georgieva, managing director of the International Monetary Fund, delivers a speech in Rotterdam, Netherlands, Sept. 6, 2021.

IMF Board Expresses Confidence in Leader

She faced allegations related to data-rigging at the World Bank.

October 12, 2021

Federal Reserve Board Chair Jerome Powell at a Senate hearing, July 15, 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."

August 18, 2021

The California Employment Development Department in Sacramento, Dec. 18, 2020.

U.S. Economy Surpasses Pre-Pandemic Size

Fueled by vaccinations and government aid, the economy grew at a 6.5% annual rate last quarter.

July 29, 2021

IMF Managing Director Kristalina Georgieva at the Financing of African Economies Summit, Paris, May 18, 2021.

IMF Forecasts 6% Growth as Economies Reopen

But the agency downgraded its forecast for poorer countries, most of which are struggling to vaccinate.

July 27, 2021

Joel Naroff.

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 24, 2021

A poster displayed on the International Monetary Fund building, April 5, 2021, Washington.

IMF Panel Endorses $650B Increase in Resources

Officials hope to provide more support for vulnerable countries battling the coronavirus pandemic.

April 9, 2021

Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee on Capitol Hill, Dec. 1, 2020.

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.

March 23, 2021

People check in at a food bank held at Los Angeles Boys & Girls Club, Lincoln Heights, Los Angeles, Dec. 17, 2020.

US Economy Shrank 3.5% in 2020

The decline was the largest in 74 years.

January 28, 2021

Former Fed Chair Janet Yellen during an appearance on Fox Business Network in Washington, Aug. 14, 2019.

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.

January 19, 2021

The WhatsApp app on a smartphone in New York, March 10, 2017.

Encrypted Messaging Apps Surge

Signal and Telegram are seeing huge upticks in downloads, while Facebook-owned WhatsApp saw its growth decline.

January 14, 2021

World Bank President David Malpass during a news conference at the World Bank/IMF Annual Meetings in Washington, Oct. 17, 2019.

World Bank Sees Subdued Recovery, Plenty of Risk

The bank expects 4% growth this year after the largest decline since World War II.

January 6, 2021

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Factory Orders Rise in November

Orders for durable goods rose a moderate 0.9%, while a key business investment metric also showed a gain.

December 23, 2020