CBO: Stimulus Package Adds Up to Artificial GDP Improvement
The Congressional Budget Office says that in the second quarter the effects of $787 billion package added 1.7% to 4.5% in GDP, cut the unemployment rate by .7 to 1.8 ...Read Full Story »
Posts related to ‘GDP’
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Finally Official: China Passes Japan In GDP, Now The Hard Part
It is finally official. China passed Japan in GDP in the second quarter and is likely to lengthen its lead as Japan's growth is stalled at under 1% and China's ...Read Full Story »
US Economists Wake Up And See A Crisis
The second half of this year will be worse than the first--economically. That is what economists are saying now that they have looked at the Federal Reserve notes, the unemployment ...Read Full Story »
A Huge China Surplus–US Ire And A Troubled Chinese Consumer
China's trade surplus hit $28.7 billion for July. The number has not been so high since the depths of the recession eighteen months ago. The General Administration of Customs said ...Read Full Story »
GDP Will Finally Hit Earnings
The weak 2.5% GDP showing for the second quarter has brought dozens of new theories into the shopping bazaar of explanations about America's growth prospects. One school says that the ...Read Full Story »
The Ghosts of GDP
Gross Domestic Product showed another positive figure for the Q2-2010 period but not as good as seen before and a less than what economists were expecting. The Commerce Department reported ...Read Full Story »
Consumer Spending Falls Sharply In July As Major Retailers Lose Ground
One of three respondents in a recent survey said they would spend less on consumer goods over the next 90 days than they said they would in June. The drop ...Read Full Story »
The American Ecomomy Can Heal Itself, If Only The Economy Would Help
The stock market is back to where it was a month ago. The frightening sell-off is over. Now that Intel (NASDAQ: INTC) has posted spectacular results, Wall St. believes that ...Read Full Story »
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