Today’s report on the economy concerning personal income, spending and durable goods orders is the last one before The Fed decides to raise rates in December. 134 more words
Tags » GDP
“As you can see, most economists are bleating, the primary sector of the economy experienced the worst of times recently. The more advanced your economy, the more reliant on technological innovations to drive your primary sector, more industrialised machinery doing the logging, the harvesting, the planting, the maintenance (fertilisers and pesticides) and so on. 1,210 more words
In the US economy, which really depends on the consumption of stuff, there’s too much stuff.
The US’ second estimate of its third quarter GDP saw the economy… 176 more words
The Federal Reserve has a target inflation rate of 2%. Whether we use CPI YoY or Personal Consumption Expenditures YoY, the US economy is no where near 2%. 117 more words
(What's Left of) Our Economy: Third Quarter Growth Picks Up but Trade Bite Deepens - Along with Toll on Entire Recovery
Trade’s drag on recent economic growth and on the current economic recovery increased in the third quarter of this year, according to today’s first revision of the July-September gross domestic product (GDP) figures – although growth itself accelerated. 585 more words