Category: "gdp"

GDP Improves to Tepid Growth

May 26th, 2017
in consumer metrics institute, gdp

by Rick Davis, Consumer Metrics Institute

26 May 2017 - BEA Revises 1st Quarter 2017 GDP Growth Upward To 1.16%

In their second estimate of the US GDP for the first quarter of 2017, the Bureau of Economic Analysis (BEA) revised the growth of the US economy upward to a +1.16% annual rate, up +0.47% from their previous estimate for the first quarter but still down nearly a percent (-0.92%) from the +2.08% reported for the fourth quarter of 2016.

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Trade and Increased Commercial Investment Saved Q1 2017 GDP from Contraction

April 28th, 2017
in aa syndication, gdp

April 28, 2017 - BEA Estimates 1st Quarter 2017 GDP Growth At 0.69%:

by Rick Davis, Consumer Metrics Institute

In their first (preliminary) estimate of the US GDP for the first quarter of 2017, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +0.69% annual rate, down roughly two thirds (-1.39%) from the +2.08% reported for the prior quarter.

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Economic Growth in the US: A Tale of Two Countries

April 3rd, 2017
in gdp, macroeconomics

from Voxeu.org

-- this post authored by Thomas Piketty, Emmanuel Saez, and Gabriel Zucman

Appeared originally at Voxeu.org 29 March 2017

The rise of economic inequality is one of today’s most hotly debated issues. But a disconnect between the different data sets used to measure and understand inequality makes it hard to address important economic and policy questions. In this column, the authors highlight the findings from their attempt to create inequality statistics for the US that overcome the limitations of existing data by creating distributional national accounts.

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The Consumer Saves 4Q 2016 GDP

March 30th, 2017
in gdp

Written by , Consumer Metrics Institute

 March 30, 2017 - BEA Revision Revises 4th Quarter 2016 GDP Growth Upward To 2.08%

CMI.logoIn their third and final estimate of the US GDP for the fourth quarter of 2016, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +2.08% annual rate, up slightly from the +1.85% previously reported but down by -1.45% from the prior quarter.

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Consumer Spending Increase Saves 4Q 2016 GDP Estimate from a Decline

February 28th, 2017
in aa syndication, consumer metrics institute, gdp

by Rick Davis, Consumer Metrics Institute

February 28, 2017 - BEA Revision Revises 4th Quarter 2016 GDP Growth To 1.85%:

In their second estimate of the US GDP for the fourth quarter of 2016, the Bureau of Economic Analysis (BEA) reported that the US economic growth rate was +1.85%, essentially unchanged from the +1.87% previously reported but down by nearly half (-1.68%) from the prior quarter.

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