GDP grew 2.2% in 2025. The economy might do better this year.
The U.S. expanded at a subpar 1.4% annual pace in the fourth quarter of 2025, depressed by a record 43-day federal shutdown that caused a big decline in government spending.
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Tax refunds are up this year to an average of $2,290, early IRS numbers show. How does yours compare?
“Average refund amounts are strong,” the IRS said in an explanation of the data.
It’s still a ‘low fire’ jobs market. Jobless claims stay low and unemployment falls early in the new year.
Businesses aren’t hiring much, but they’re not resorting to big layoffs, either
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