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GDP Growth Revised Up, Investment and Consumers Remain Weak

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by Rick Davis, Consumer Metrics Institute

In their second estimate of the US GDP for the first quarter of 2016, the Bureau of Economic Analysis (BEA) revised the growth rate upward to +0.82%, up 0.28% from their previous estimate but still down -0.56% from from the +1.38% rate recorded for the fourth quarter of 2015.

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 more WWRT

What We Read Today 28 May 2016

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).

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Every day most of this column ("What We Read Today") is available only to GEI members.

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 more features, analysis, studies, and news published in the last week

Renewable Energy Survey

Written by Econintersect

Econintersect: We are urging our readers to participate in an opinion survey being taken by the Doomstead Diner in cooperation with Ugo Bardi, Professor of Physical Chemistry at the University of Firenza in Italy. What is the future of energy for the planet earth? If you have opinions in this area please share them with the folks at Doomstead Diner: Renewable Energy Survey. We have already inputted our 2 1/2 cents. A sample question follows the Read more >> jump.

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Infographic Of The Day: Best Bike Cities In The US

Seattleites looking to hop on their bikes for National Bike to Work Week are in luck: The city ranks as the No. 1 bike city in the U.S. followed by Portland and San Francisco, according to a Zillow analysis.

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Video of the Day:

Make a tiny solar car for about $1. Easy and fun!


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Silver Supply Deficit, Market Manipulation, And Debt Overhang



 more opinion

How Democratic Is The European Union?

from The Conversation

-- this post authored by Alan Butt Philip, University of Bath

One of the constant arguments raised by critics of the EU is that it is 'undemocratic'. Those arguing for the UK to vote to leave in the June referendum present it as an opportunity to hand control of British affairs back to the British parliament, the only body with a mandate to make decisions for the country.

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 USA economy at a glance (boxed items are updates in last 7 days)

20 May 2016: ECRI's WLI Growth Index Unchanged

ECRI's WLI Growth Index which forecasts economic growth six months forward expanded marginally and remains in positive territory for the ninth week - after spending the previous 34 consecutive weeks in negative territory.

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