Jeffry Bartash
Economics Reporter at Dow Jones Newswires
Economics Reporter at MarketWatch
Economics reporter at @MarketWatch. Writing from Washington on economics and a dash of politics. "Home" economist. Send comments to [email protected]
Articles
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1 week ago |
marketwatch.com | Jeffry Bartash |Greg Robb |Victor Reklaitis
Pinned PostThe U.S. added a stronger-than-expected 177,000 new jobs in April, suggesting the labor market was largely unscathed last month by the Trump trade wars. For now. The increase in jobs exceeded the 133,000 forecast of economists polled by the Wall Street Journal. Many economists had expected to see signs of damage from the trade wars in the report. The unemployment rate, meanwhile, was unchanged at 4.2%, a remarkably low level that hasn’t changed much in recent months.
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1 week ago |
marketwatch.com | Jeffry Bartash
Economic ReportForecast: 133,000 new jobs, 4.2% unemploymentPublished: May 1, 2025 at 12:53 p.m. ETFinding a job could be getting tougher as companies figure out how to cope with tariffs. Photo: Getty ImagesAmericans say jobs are harder to find and businesses say they are scaling back plans to hire because of the trade wars. The April jobs report might offer the first hard evidence on whether President Donald Trump’s tariffs are harming the U.S. labor market.
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1 week ago |
marketwatch.com | Jeffry Bartash
Economic ReportISM survey show optimism after Trump election has evaporatedPublished: May 1, 2025 at 10:12 a.m. ETAmerican manufacturers were emerging from a long slump. Then the trade wars struck. Photo: Getty ImagesAmerican manufacturers had just begun to emerge from a long slump when the Trump trade wars struck. Now they have fallen back into contractionary territory as they try to cope with widespread tariffs.
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2 weeks ago |
marketwatch.com | Jeffry Bartash
Economic ReportTrade wars trigger first contraction in economy in three yearsPublished: April 30, 2025 at 1:03 p.m. ETPeople protest the Trump administration. U.S. trade wars caused GDP to decline in the first quarter for the first time in three years. Photo: Middle East Image/AFP via Getty ImagesThe economy contracted in the first quarter for the first time in three years, but it doesn’t mean the economy is rushing toward a recession. At least not yet.
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2 weeks ago |
marketwatch.com | Jeffry Bartash
Economic ReportConsumer spending climbs 0.7% in March. Auto sales surge. Published: April 30, 2025 at 10:22 a.m. ETAmericans bought a lot more cars in March than usual hoping to avoid tariff-related price increases. Photo: Getty ImagesConsumer spending rose briskly in March, but not because Americans are gung-ho on the economy. Many bought new cars or other items to avoid potential price increases tied to U.S. trade wars.
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Recession? Stagflation? GDP decline is a big warning sign, but the U.S. economy is not in danger zone. Yet. https://t.co/ZNCrHNvJDi via @MarketWatch https://t.co/jWMnGPOZt2
The U.S. economy wasn't as bad in the first quarter as the first decline in GDP in three years suggests. Huge import surge was the main culprit. But the longer the trade wars go on, the higher the chances of recession. https://t.co/wXFCkUYGj9 via @MarketWatch https://t.co/06lIIkN97M
The cost of U.S. goods and services was flat in March and put the Federal Reserve closer to its 2% inflation target. Tariffs and trade wars threaten to undo the latest progress. https://t.co/9LlY3GtLQr via @MarketWatch https://t.co/0w05TCLGey