Showing posts with label Economic Growth. Show all posts
Showing posts with label Economic Growth. Show all posts

Saturday, August 1, 2015

Obama's Poor "Recovery" Continues

Obama's Poor "Recovery" Continues

August 01, 2015 Economic Growth , GDP 0 Comments

U.S. Economy, Corporate Profits And Personal Income Revised Downward

By Mike Patton, July 31, 2015 Forbes

GDP, the method by which we measure economic growth in the U.S. has been tweaked recently. The change in methodology has caused several important economic statistics to be revised, mostly downward. The economy over the past few years was weaker than previously reported, along with corporate profits and personal income growth. In this article, we’ll examine the U.S. economy and the reasons for its slow growth.

GDP
Economic growth is determined by GDP which measures the total output of all goods and services in the U.S. Here are the four parts of GDP and the approximate percentage each contributes to economic growth.

Read More: http://www.forbes.com

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Thursday, November 27, 2014

Increased gov't spending leading the way

November 27, 2014 Economic Growth , Economy 0 Comments
Third-Quarter Economic Numbers Are In--And They’re Not What Analysts Expected

Zach Noble, Nov. 25, 2014, The Blaze

In the third quarter of 2014, the U.S. economy grew at an annualized rate of 3.9 percent, according to revised figures in a Bureau of Economic Analysis report released Tuesday morning.

As Business Insider noted, the initial estimate of third-quarter GDP growth was 3.5 percent, and analysts expected the revision to actually bring that figure down to 3.3 percent.

Instead, it jumped up dramatically — but the forces driving that jump were mixed.

Read more: www.theblaze.com


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Wednesday, April 30, 2014

US Economy Slowed To 0.1 Percent Growth Rate In Q1 ---5th year of "recovery"

April 30, 2014 Breitbart.com , Commerce Department 0 Comments
By Breitbart.com, Apr. 30, 2014

 WASHINGTON (AP) — The U.S. economy slowed sharply in the first three months of the year as a harsh winter exacted a toll on business activity. The slowdown, while worse than expected, is likely to be temporary as growth rebounds with warmer weather.

 Growth slowed to a barely discernible 0.1 percent annual rate in the January-March quarter, the Commerce Department said Wednesday. That was the weakest pace since the end of 2012 and was down from a 2.6 percent rate in the previous quarter.

 Many economists said the government's first estimate of growth in the January-March quarter was skewed by weak figures early in the quarter. They noted that several sectors — from retail sales to manufacturing output — rebounded in March. That strength should provide momentum for the rest of the year.

 And on Friday, economists expect the government to report a solid 200,000-plus job gain for April.

 "While quarter one was weak, many measures of sentiment and output improved in March and April, suggesting that the quarter ended better than it began," said Dan Greenhaus, chief investment strategist at global financial services firm BTIG.

 Still, the anemic growth last quarter is surely a topic for discussion at the Federal Reserve's latest policy meeting, which ends Wednesday afternoon.

 In its report, the government said consumer spending grew at a 3 percent annual rate last quarter. But that gain was dominated by a 4.4 percent rise in spending on services, reflecting higher utility bills and an expansion in health care spending from provisions of the Affordable Care Act. Spending on goods barely rose. Also dampening growth were a drop in business investment, a rise in the trade deficit and a fall in housing construction.

 The scant 0.1 percent growth rate in the gross domestic product, the country's total output of goods and services, was well below the 1.1 percent rise economists had predicted. The last time a quarterly growth rate was so slow was in the final three months of 2012, when it was also 0.1 percent.

Read the full story:  www.breitbart.com
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