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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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.
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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.
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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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.
from Money Metals Exchange
[Editors Note: This is the weekly Market Wrap Podcast with Mike Gleason.] Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Coming up we'll hear from Steve St. Angelo of the SRSrocco Report.
27May2016 Market Close: Wall Street Closed Higher, DOW Up 45 Points, WTI Crude Testing High 49's, Th
27May2016 Market Update: Yellen's Speech Does Little To Move The Major Averages One Way Or The Other
27May2016 Pre-Market Commentary: Futures Fractionally Higher, WTI Crude Trading Below $50, GDP Comes
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.