The stock market is up on the 2008 revised second quarter GDP growth numbers just released. They show growth at 3.3% versus the original estimate of 1.9%. These numbers will not hold.
Article | Updated Aug 28, 2008 | Views: 257 | Comments: 0 Tags: us economy, gdp
The bureau of economic analysis released its preliminary GDP numbers today and they looked pretty good. 1.9% quarterly growth is not a recession. But a closer look at the numbers shows reason for...
The economy grew at a faster pace than originally estimated in the first quarter, the government said on Thursday.
Perhaps all the doom and gloom in the headlines are overly pessimistic.
Many in the US and around the world equate a lower dollar with a weak economy. The article has some stats on inflation, on the US trade deficit and on GDP growth that make the case that there isn't...
I was looking at a chart of GDP calculations through 2008 and was struck by how Europe seems to be zooming ahead of the US as the world's largest economic block. In 2006, US GDP was 13 trillion...
Article | Updated Feb 25, 2008 | Views: 260 | Comments: 0 Tags: gdp, world gdp
The benefit of using rate cuts to stem the rot vs. extended rate cuts heralding stagflation.... What we end up with is that the FED's rate cuts devalue the dollar and fuel inflation, with virtually...
The World Bank reported that it overestimated the size of China's economy by some 40 percent.
China, it turns out, isn't a $10-trillion economy on the brink of catching up with the United...
Article | Submitted Dec 31, 2007 | Views: 264 | Comments: 0
Tags: economy, china, gdp
With everyone predicting doom and gloom the economy just turned in its best performance in over a year. It will take some hits from the "credit crunch" but with growth at 4% it can take the hit....
Article | Submitted Aug 30, 2007 | Views: 252 | Comments: 0
Tags: economy, gdp, us gdp
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