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Federal Reserve Chair Jerome Powell said the economy may be entering a period of ‘more frequent’ supply shocks. Photo: Jim Watson/AFP/Getty Images Federal Reserve Chair Jerome Powell said the central ...

This resilience, a Teflon-like superpower, is cause for celebration. It means that the twin scourges of recession and unemployment have been kept at bay. The trouble is that threats are now mounting.

The US remains the world's richest country with a GDP of $29.18 trillion. Each state's GDP compares to that of another country US GDP fell in Q1 this year, the first decline since 2022. The US still ...