GDP
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Opinion
Solid 4th Quarter Leads to 2.1% GDP Growth for 2022
GDP growth in the fourth quarter of 2022 was just reported to be 2.9%. That’s down slightly from the 3.2%…
Read More » GDP grows at a 6.5% annual rate in the second quarter. That’s good, but…
According to the Bureau of Economic Analysis (BEA) first estimate of GDP growth, the economy grew 1.6% in the second…
Read More »Press: 3%+ growth under Trump is ‘dreaming’ – Ummm… nope
They couldn’t help themselves. The mainstream media published column after column saying that Trump’s promise for GDP growth north of…
Read More »Q1 GDP Down 2.9%: Admin says – meh
Today we learned that the Gross Domestic Product of the United States decreased by 2.9% in the first three months…
Read More »GDP Growth Increasing 3% In July – Not Because Of Obama Policy Change
What is this thing called Gross Domestic Product (GDP)? It is everything produced by all the people and all the…
Read More »GDP Growth Manipulation
I have a friend, Tom, who is a 48-state big rig driver. He saw an increase in road construction just…
Read More »GDP up due to federal spending
The Commerce Department published its preliminary estimate of third quarter GDP showing an increase to 2.0% growth vs. the second…
Read More »GDP drops, manufacturing takes nosedive
The Department of Commerce released its National Income and Product Accounts report this morning which showed the economy declining much…
Read More »WashPost Front-Pager on Collapsing Net Worth Missing One Word: ‘Obama’
A new economic report from the Federal Reserve doesn’t offer much hope. On the front page of The Washington Post, Ylan…
Read More »Is the US Going To Need a Bailout?
In terms of national debt as a percentage of Gross Domestic Product (GDP), the answer is “YES!” How, you ask,…
Read More »BEA Releases Revised 1st Quarter and Initial 2nd Quarter GDP
Bureau of Economic Analysis// Real gross domestic product — the output of goods and services produced by labor and property…
Read More »The Economy Stinks and the GDP Doesn’t Have a Clue
We all gain an understanding of gross income vs. net income when it comes to tax time and many of…
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