Tags » GDP

Core Personal Consumption Expenditures YoY Fall To 1.28%, Below Fed's Target Inflation Rate

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

General Economy

PSEi Gains 66.54 Points

The Philippine stock exchange index advanced today to close at 7,059.14 or advanced by 66.54 points.  This is good news since the PSEi has been under the 7,000 mark for quite a few days now. 14 more words

Primary sector irrelevance

“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


Today’s Top 5 Business News Headlines

  • Q3 GDP Grew at 2.1 Percent, Not 1.5 Percent, As Originally Estimated
  • Consumer Confidence Falls Nearly 9 Points to 90.4
  • Home Prices Rise Most in September in More Than A Year…
  • 9 more words
Business Headlines

Bulging stockpiles are holding back the US economy

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

Will Fed Raise Rates With Zero Inflation? The Zero Velocity Economy

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

General Economy

(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

{What's Left Of) Our Economy