US Third Quarter GDP Rises To 2.7 Percent But Fiscal Cliff Woes Continue: U.S. GDP rose to 2.7 percent in the third quarter according to the U.S. Department of Labor. GDP was revised from the first estimate but much of the increase was due to private inventories and government spending. The headline number did have a…
The U.S Economy Grows More In The 3rd Quarter 2012 But Wall Street Plays It Cool: The U.S. economy is slowly getting better. After growing at 1.3 percent in the second quarter of 2012, the economy grew faster from July to September. The Commerce Department said today GDP grew at 2 percent in the third…
Second Quarter 2012 GDP Numbers Could Benefit Mitt Romney If President Obama Ignores The ‘Fiscal Cliff’: Mitt Romney and the Republicans have alleged for months that the U.S. economy is in decline. Now they have confirmation that the U.S. is no longer growing based on the GDP numbers that were released yesterday. The Commerce Department…
U.S. GDP Second Quarter 2012 Falls To 1.5 Percent, July Consumer Sentiment Hits Year Low, Has The Recent Bond Bubble Burst? The U.S. economy grew at a lulling rate of 1.5 percent for the second quarter of 2012 the Commerce Department said today. This is a decrease from the 2 percent rate of growth in the…
