The U.S. economy grew last year at the fastest pace since Ronald Reagan’s presidency, bouncing back with resilience from 2020’s brief but devastating pandemic-induced recession. The nation’s gross ...
The top 10% of earners now account for roughly half of all consumer spending, according to a report by Moody’s Analytics.
The recession caused by the coronavirus pandemic was the shortest economic downturn in modern U.S. history, a panel of economic experts declared Monday. A panel of the National Bureau of Economic ...
In the late 1970s, my uncle, Stanford economist Dr. Marc Porat, coined the term “Information Economy.” Through his research, he showed how information and technology were supplanting manufacturing as ...
An earlier version of this story inadvertently mischaracterized the direction of GDP. After a blockbuster 2021, the U.S. economy decidedly came back to earth early this year, contracting for the first ...
The Delta surge has sparked fears of repeating 2020, but it's unlikely we'll experience last year's economy. Not enough people are vaxxed to stop Delta, but enough are to help keep the economy running ...
The New Jersey Economic Recovery Act of 2020 (ERA), a seven-year, $14 billion package of incentive programs intended to encourage New Jersey job growth, property development and redevelopment, ...