Tags: gdp

Gross Domestic Problems

January 29th, 2018
in gdp, macroeconomics

Fictitious Wall Street villain Gordon Gekko famously declared, “Greed is good.” I think actual Wall Street titans would mostly disagree. They would change one word. Instead of “greed,” they would say, “Growth is good.” That is Wall Street’s real mantra. Growth is the magic elixir we all need. more »

Consumer and Government Spending, Plus Investment, Offset Trade and Inventory Losses in 4Q GDP

January 26th, 2018
in aa syndication

In their first (and preliminary) estimate of the US GDP for the fourth quarter of 2017, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +2.54% annual rate, down -0.62% from the prior quarter. more »

Measuring the "Free" Digital Economy

January 14th, 2018
in gdp, macroeconomics

The digital economy provides a number of services for which the marginal price (given an internet connection) is zero: games like Candy Crush, email, web searches, access to information and entertainment, and many more. more »

Third Quarter 2017 GDP Estimate Revision is Minor

December 21st, 2017
in consumer metrics institute, gdp

In their third and final estimate of the US GDP for the third quarter of 2017, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +3.16% annual rate, down -0.14% from the previous estimate and up +0.10% from the prior quarter. more »

'Strong' GDP Growth Is Really Not So Strong

October 28th, 2017
in consumer metrics institute, gdp

In their first (or "preliminary") estimate of the US GDP for the third quarter of 2017, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +2.98% annual rate, down -0.08% from the prior quarter. more »




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