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5 Minutes with ID
Economy
Economy
UN Forecasts Slower Global Growth Following Tariffs, Trade Tensions
Economists also cited the volatile geopolitical landscape and threats of rising production costs, supply chain disruptions and financial turbulence.
Featured
Economy
Wholesale Prices Dropped 0.5% Last Month Despite Tariffs
The producer price index saw its first monthly drop since late 2023.
May 15, 2025
Economy
Trump Announces Sweeping New Tariffs to Promote U.S. Manufacturing, Risking Inflation and Trade Wars
The action amounts to a historic tax hike that could push the global order to a breaking point.
April 3, 2025
Economy
Tariffs, Expectations, and the Underreported 'Hard Landing' of 2024
And why 2025 could still be defined by growth.
April 1, 2025
Economy
Manufacturing Technology Orders See Strongest January in Three Years
Orders were up nearly 6% compared to the first month of 2024.
March 11, 2025
Economy
Cutting Tool Orders Down Nearly 10% in November
Year-to-date orders were down slightly heading into the final month of the year.
January 22, 2025
Top Headlines
Key Inflation Gauge Rises as Americans Cut Back on Spending
June 27, 2025
Fed's Powell Repeats Warning About Tariffs
June 26, 2025
U.S. Economy Shrank 0.5% Between January and March
June 26, 2025
Powell Says Fed Rate Cut on Hold as Trump Demands Cuts
June 25, 2025
Americans Sour on U.S. Economy and Anxiety Over Tariffs Remains the Chief Culprit
June 25, 2025
Slight Uptick in Metalformers' Optimism
June 24, 2025
Federal Reserve's Bowman Says Rate Cut Should Be on Table in July
June 24, 2025
Federal Reserve Leaves Key Rate Unchanged as It Awaits the Impact of Tariffs
June 18, 2025
April 2025 U.S. Cutting Tool Orders Total $212.8M, Up 2.7% from March
June 18, 2025
Retail Sales Slide After a Spring Spending Surge to Beat Tariffs
June 17, 2025
Fed Officials in Limbo as Tariffs Complicate Rate Decision
June 17, 2025
U.S., UK Strike Trade Deal on Auto, Aerospace Tariffs
June 17, 2025
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June 18, 2025
Economy
Rubix Launches ‘Uptime Index’ Manufacturing Indicator
The European distribution giant said that the index helps measure the industry’s “oxygen.”
June 13, 2025
Economy
Producer Prices Rise a Modest 2.6% in May
The readings were slightly lower than economists had forecast.
June 13, 2025
Economy
Court Allows Collection of Tariffs as Challenges Continue
The court added that it would expedite the case and hear arguments late next month.
June 12, 2025
Economy
Inflation Rose Slightly Last Month as Grocery Prices Ticked Higher
Core prices rose 2.8% for the third straight month.
June 11, 2025
Economy
Machinery Orders Continue Upswing Despite Typical April Decline
Some of the strong demand could be attributed to "front-running the coming tariffs on imported goods."
June 9, 2025
Economy
Trump's Tariffs Would Cut Deficits but Shrink the Economy, CBO Says
The estimates largely confirmed what other economic models have predicted.
June 5, 2025
Economy
Inflation Data Threatened by Government Hiring Freeze
The Bureau of Labor Statistics said it is “reducing sample in areas across the country.”
June 5, 2025
Economy
U.S. Growth Likely to Slow to 1.6% This Year, OECD Says
The group also expects the world's largest economy to slow further next year.
June 4, 2025
Economy
Manufacturing PMI Contracts Again in May
The index came in below 50% for the third consecutive month.
June 3, 2025
Economy
Survey Signals Decline in Manufacturing Optimism
The poll found optimism at its lowest level since the height of the COVID-19 pandemic.
May 30, 2025
Economy
U.S. Inflation Gauge Cools with Little Sign of Tariff Impact
Tariffs have yet to noticeably push up prices.
May 30, 2025
Economy
What Happens to Trump’s Tariffs Now That a Court Has Knocked Them Down?
The trade wars are far from over.
May 29, 2025
Economy
Hit by Trump Trade Wars, U.S. Economy Falls 0.2% in First Quarter
The decline, however, was a slight upgrade from the initial estimate.
May 29, 2025
Economy
Homeowners Spend on Renovations Despite Uncertain Economy, Higher Prices
Sales at building materials and garden supply retailers saw the biggest gain since 2022.
May 28, 2025