GDP graphic

Q2 GDP Shows Growth, But Not Strong Enough

Investors, economists, and business owners just got to see their first view of Gross Domestic Product (GDP) for the second quarter of 2015. The US economy grew by 2.3% in ...
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GDP graphic

Will US Q2 GDP Challenge the 3% Growth Mark?

Gross Domestic Product (GDP) will be released on Thursday morning. Bloomberg has the consensus economist estimate as a gain of 2.9% for the second quarter, with a range from economists ...
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Leading Indicators Tick Higher for June

The Conference Board has released its Leading Economic Index (LEI) for the month of June. This index rose by 0.6% to a reading of 123.6, much better than the 0.2% ...
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Chicago Fed Sees Uptick in National Growth in June

The Federal Reserve Bank of Chicago releases a national activity index each month, and it is indicating that economic growth managed to increase slightly in the month of June. Thursday's ...
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Coffee spilled

More Worries About Poor GDP Growth

Among the many observations from the July NABE Business Survey is that gross domestic product (GDP) growth in the second quarter may have been as low as 2.1%. While this ...
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NY storm

Empire Manufacturing Strength Seems More Mixed All Around

The Empire State Manufacturing Survey, the manufacturing report from the Federal Reserve of New York, came out with a six-point gain to 3.86 for the month of July. Bloomberg had ...
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White House South Lawn, Blue Sky, Washington, DC, USA

White House Expects Only 2% GDP Growth This Year

Buried deep in the White House "Mid-Session Review" to Congress is the executive branch's forecast for gross domestic product (GDP). The number is only 2% this year. As a matter ...
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IMF Lowers Global Growth Outlook, Cuts US Projection by 20%

The International Monetary Fund (IMF) on Thursday cut its 2015 global GDP growth forecast from an April estimate of 3.5% to a new level of 3.3%. Weak first-quarter performance, especially ...
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Factory Activity in Greece Collapses

According to global economic research firm Markit, Greece can add to its debt problems the fact that its factory activity is contracting sharply, and it will continue to do so ...
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Greek Youth Unemployment Rate Above 50%

Lost in the battle over Greek debt and austerity is the fact that unemployment among people under 25 remains over 50%. At 50.1% in February, the last available data, even ...
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States With the Fastest (and Slowest) Growing Economies

The U.S. economy grew 2.2% in 2014, largely on gains in the professional, scientific and technical services sector. Last year's growth was up from a 1.9% GDP growth rate in ...
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GDP graphic

The Trouble of Q1 GDP Being Revised Higher

The second, and supposedly final, revision to first-quarter gross domestic product (GDP) came in at -0.2%. This met the Bloomberg consensus estimate of -0.2%, and it was slightly better than ...
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Boeing 757

Durable Goods Weak in May — Until You Look at the Core Reading

Durable goods proved not to be all that durable for the U.S. economy in the month of May. The headline durable goods report was -1.8%, far worse than the consensus ...
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Merrill Lynch Sees No Bear Market for Now but Trouble Brewing

Think about it. The S&P 500 is up over 200% since the lows in March of 2009. We have had near zero federal funds rates for more than five years. ...
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global economy

OECD Slashes Global Growth Forecast

In another sign that the largest engines of the world's economy have faltered, the Organization for Economic Cooperation and Development (OECD) has slashed its forecast for global gross domestic product (GDP) ...
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