Browsing: GDP

Economy

By James Chessen ebt can be a good thing, but too much of it can be a problem. The Great Recession is a prime example of borrowing by households well beyond the growth in income. In the seven years before 2007, household debt in the U.S. rose 40 percent (relative to GDP), supported by a

Economy

Real GDP for the second quarter of 2017 grew at a seasonally adjusted annual rate of 3.1%, according to the Bureau of Economic Analysis’s third estimate, up from the second estimate of 3.0%. The general picture of economic growth remained the same. Last quarter’s growth was the strongest since the first quarter of 2015. The

Economy

Real GDP for the second quarter of 2017 grew at a seasonally adjusted annual rate of 3.0%, according to the Bureau of Economic Analysis’s revised estimate, up from the advance estimate of 2.6%. The general picture of economic growth remained the same. Last quarter’s growth was the strongest since the first quarter of 2015. The

Economy

Real GDP grew at a seasonally adjusted annual rate of 2.6% during the second quarter of 2017, according to the Bureau of Economic Analysis’s “advance” estimate, up from 1.2% in the first quarter. The acceleration in real GDP reflected positive contributions from personal consumption expenditures, nonresidential fixed investment, exports, and federal government spending. These were

Economy

Real GDP for the First quarter of 2017 grew at a seasonally adjusted annual rate of 1.4%, according to the Bureau of Economic Analysis’s revised estimate, up slightly from the second estimate of 1.2%. The general picture of economic growth remained the same. The increase in the estimate was mostly due to consumer spending on services

Economy

Real GDP for the First quarter of 2017 grew at a seasonally adjusted annual rate of 1.2%, according to the Bureau of Economic Analysis’s revised estimate, up slightly from the advance estimate of 0.7%. The general picture of economic growth remained the same. The increase in the estimate was mostly due to nonresidential fixed investment

Economy

Real GDP grew at a seasonally adjusted annual rate of 0.7% during the first quarter of 2017, according to the Bureau of Economic Analysis’s “advance” estimate, down from 2.1% in the fourth quarter. The deceleration in real GDP reflected a deceleration in personal consumption expenditures along with drawbacks in private inventory investment and in state

Economy

Real GDP for the fourth quarter of 2016 grew at a seasonally adjusted annual rate of 2.1%, according to the Bureau of Economic Analysis’s third estimate, up from the second estimate of 1.9%. The general picture of economic growth remains the same. The change in GDP estimates reflected upward revisions to personal consumption expenditures and

Economy

Real GDP for the fourth quarter of 2016 grew at a seasonally adjusted annual rate of 1.9%, according to the Bureau of Economic Analysis’s revised estimate, unchanged from the advance estimate. The general picture of economic growth remained the same. The change in GDP reflected an upward revision to personal consumption expenditures that was offset

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