Economy articles

Read these reports to understand the financial forces that affect daily American life. Discover how exports and imports impact US taxes and debt, plus learn about inflation and other economic indicators.

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Economy
US exports dropped 9.6% in March—the biggest monthly decline since 1992

Amid the pandemic, international transportation and travel dropped by nearly half from February levels.

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Economy
The American economy fell 4.8% in the first three months of 2020

The agency that reports the quarterly gross domestic product numbers attributes the blame to COVID-19 and stay-at-home orders.

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Economy
These states received most of the $350 billion in CARES Act small business loans

The Paycheck Protection program reopened with an additional $321 billion in funds on April 27. Where did the original $350 billion allocated by the CARES Act go?

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Economy
COVID-19's impact on the economy: US retail sales fall 8.7% in March

The drop is the largest month-to-month decrease in retail sales since at least 1992.

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Economy
What do the CARES Act and the Paycheck Protection Program (PPP) mean for small businesses?

The $2 trillion CARES Act has a lot in it. What does it mean for small businesses?

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Economy
How prepared are US businesses to deal with economic fallout from COVID-19?

How prepared are employers to adjust to new working conditions? What industries most directly impacted by recent changes, and what lessons can be gleaned from previous recessions?

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Economy
Who would be most affected by payroll tax cuts?

The federal government brings in $1.2 trillion each year in payroll taxes to fund Social Security and Medicare programs. Payroll taxes make up a higher share of taxes for middle-income families than any other income group.

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Economy
In a time of record exports and imports, who is the US trading with and how does it affect states?

US trade policy has been a significant issue during the Trump presidency, especially with China, Canada and Mexico. Here's where trade stood before recent pacts were signed.

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Economy
The 2019 economy in review: GDP, employment, income, and trade

As the year draws to a close, it’s natural to be retrospective. But with so many measures of the American economy, what’s the best way to take stock of 2019?

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Economy
The diminishing role of manufacturing in the American economy

Manufacturing's smaller role is apparent in all but a few states and subsectors of the industry.

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