Disappointing First Quarter 2013 GDP Growth At 2.5 Percent Will Keep Fed On Hold

Disappointing First Quarter 2013 GDP Growth At 2.5 Percent Will Keep Fed On Hold: Sometimes bad news is good news.  Yes, everyone would prefer better economic numbers, but that’s not happening and the political economy risk that has threatened the U.S. economy for the last few years is taking root again. Sequestration and the increase[…]

Fourth Quarter 2012 GDP at 0.1 Percent, Lowest In 3 Years

Fourth Quarter 2012 GDP at 0.1 Percent, Lowest In 3 Years: Jobs data tomorrow could confirm weakness. Remember all that wrangling about what would happen to the U.S. economy if Republicans and Democrats continued to squabble over the fiscal cliff? Well… it happened.  The U.S. economy grew at the worst pace in three years in[…]

dollar bill

The U.S Economy Grows More In The 3rd Quarter 2012 But Wall Street Plays It Cool

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[…]

durable-goods washer and dryer

Durable Goods Orders Fall By Most In 3-1/2 Years, 2Q12 GDP Revised Down, Jobless Claims Lower,

Durable Goods Orders Fall By Most In 3-1/2 Years, 2Q12 GDP Revised Down, Jobless Claims Lower: Orders for durable goods, manufacturing goods intended to last at least 3 years or more, fell due to the increasingly sluggish U.S. economy.  New orders for durable goods dropped by the largest amount in three and a half years[…]

math numbers

GDP For Q4 2011 At 2.8 Percent: Is This A Good Number Or Not?

GDP For Q4 2011 At 2.8 Percent: Is This A Good Number Or Not? 3 reasons GDP Q4 2011 at 2.8 percent is – ok. It’s a more than decent number. The U.S. gross domestic product for the fourth quarter of 2011 was announced today.  The U.S. grew at 2.8 percent in the last quarter[…]

GDP for the 3rd quarter at high range of 2.5: Is this the growth spurt we’ve been waiting for?

GDP for the 3rd quarter at high range of 2.5: Is this the growth spurt we’ve been waiting for? Compared to the 1st quarter of 2011 – it is. The GDP number is in.  The economy is growing and the economic hemorrhaging may be over. Gross Domestic Product (GDP) data was released today showing the[…]

Fourth Quarter GDP 2010 Revised Upward to 3.1 Percent

Fourth Quarter GDP 2010 Revised Upward to 3.1 Percent: The Consumer Is Making A Comeback? The U.S. economy is growing.  The economy is improving and more positive data keeps coming in. The Commerce Department reported Friday, gross domestic product (GDP) grew.  GDP grew at an annual rate of 3.1 percent for the October-December quarter.  We[…]

(Jan 28. Report 2011) GDP Grows, Global Risks Rise – Egypt:

(Jan 28.2011 Report) GDP Grows, Global Risks Rise – Egypt: The economy expanded in the fourth quarter of 2011 and U.S. consumers spent more money at the end of the year to boost GDP.  The Commerce department reported today (Jan.28. 2011) that economic growth rose by an annual rate of 3.2 percent which handily beats[…]

GDP Rose to 2.6% in Summer, Housing Demand Up: Did The Housing Sector Bottom in 2010?

The economy may be trending in the right direction and faster than previously expected. A report today showed the country’s gross domestic product rose over the summer.  The Commerce Department reported today the U.S. gross domestic product rose 2.6 percent annually during July and September. This level of growth may not be enough to bring[…]