The National Bureau of Economic Research (NBER) defines a recession as a “significant decline in economic activity that is ...

At their basic nature, supply disruptions are stagflationary. If a fast-spreading strain of the bird flu, for example, ...

Harvard Kennedy School international trade expert Robert Lawrence discusses what higher tariffs will mean for the United ...

However, some argue this definition is overly simplistic as it doesn't factor in employment, wages, and business investments. The National Bureau of Economic Research (NBER), considered "the ...

The U.S. stiock market has dropped considerably over the last week amid concerns over the impacts of President Donald Trump's proposed tariffs.

Housing accounts for a significant portion of investment spending by American households and overall economic activity. In a strengthening economy, Americans feel they have more income to spend ...

Economic profit stands out as a powerful tool that cuts through accounting conventions to reveal a business’s genuine value creation. Unlike traditional profit measures that appear on income ...

“There is no technical definition of ‘stagflation,’ but this definitely moves the economy in that direction.” Stagflation is one of the trickiest economic situations, because tackling ...

self-interested forces behind people's economic choices. Definition of the invisible hand The invisible hand is a concept stating that people act in their own best interests, yet despite their ...

The Economic Security and Technology Department examines the most pressing issues facing the United States and its partners in sustaining economic and technological advantages essential to prosperity, ...

There is no official definition of recession, but there is general recognition that the term refers to a period of decline in economic activity. Very short periods of decline are not considered ...