Category Archives: GDP

USA GDP

What Do Weekly Unemployment Claims Tell us About Recession Risk?

by Doug Short, Advisor Perspectives/dshort.com Note from dshort: I’ve updated this commentary to include the latest labor force data in May’s release of the April employment report. Every Thursday I post an update on weekly unemployment claims shortly after the … Continue reading

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Country Income Shares in PPP

by Jayati Ghosh, Triplecrisis.com The UNDP’s latest Human Development Report 2013 (entitled “The rise of the South”) has one particularly striking chart that it uses to make the point about the recent growing economic significance of some “emerging” nations. In … Continue reading

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Austerity and Growth Perspectives: Europe, the IMF, China, and the US

Written by Elliott Morss, Morss Global Finance Introduction Over the last two decades, the trade-offs between more rapid economic growth and the need for governments to keep their financial houses in order has been a topic of worldwide debate. Controversy … Continue reading

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Payrolls Gain But QE Has No Impact On Growth Rate

by Lee Adler, Wall Street Examiner The BLS today reported a seasonally adjusted (SA) gain of 165,000 in April nonfarm payrolls, beating the consensus estimates of 140,000 to 155,000 from surveys of economists by mainstream media organizations. Surprise, surprise (not) … Continue reading

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Second Quarter Stronger than Perceived

Here’s Why Everybody Is Wrong About The Second Quarter Being Weak by Lee Adler, Wall Street Examiner With the quarter now one third complete just about all the pundits are predicting a sharp slowdown in the economy for the April-June … Continue reading

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The Cashless Society

by John Mauldin, Thoughts from the Frontline But Mousie, thou art [not alone], In proving foresight may be vain: The best-laid schemes o’ mice an’ men Gang aft agley, An’ lea’e us nought but grief an’ pain, For promis’d joy! … Continue reading

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That German Miracle…

by Constantin Gurdgiev, TrueEconomics.Blogspot.in Germany … the miracle economy of Europe:

Posted in Eurozone, GDP, macroeconomics, money | Tagged , , , , , | 2 Comments

GDP: Inventory Build Saves the Day

April 26, 2013 – BEA Estimates 1st Quarter 2013 GDP Growing at 2.5% Annual Rate by Rick Davis, Consumer Metrics Institute In their first estimate of the US GDP for the first quarter of 2013, the Bureau of Economic Analysis … Continue reading

Posted in Consumer Metrics Institute, GDP | Tagged , , , , , , , | 1 Comment

Advance Estimate 1Q2013 GDP Is 2.5%

Written by Doug Short and Steven Hansen The advance estimate of first quarter 2013 Real Gross Domestic Product (GDP) is positive 2.5% – up from 0.2% in 4Q2012. The market expected the advance estimate 1Q2013 GDP at +2.8% to 3.2%. … Continue reading

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Single-Family and Multi-Family Housing Starts

Single Family Housing Starts Dead But Not Dead Enough – Multifamily Hot, But Not Too Hot by Lee Adler, Wall Street Examiner Housing starts rose in March. Most of the increase was in the multifamily sector. Single family starts remained … Continue reading

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Headline Claims Data Is Wrong But Actual Data Does Show Some Slowing

by Lee Adler, Wall Street Examiner The headline seasonally adjusted number for initial unemployment claims was more wrong than usual this week, showing a year to year increase of 17,000 when the actual data showed a year to year decline … Continue reading

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March 28, 2013: BEA Revises 4th Quarter 2012 GDP Upward to a 0.38% Annual Growth Rate

by Rick Davis, Consumer Metrics Institute In their third estimate of the US GDP for the fourth quarter of 2012 the Bureau of Economic Analysis (BEA) reported that the economy was growing at a 0.38% annualized rate, roughly 2.7% worse … Continue reading

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Third Estimate 4Q2012 GDP Is Economic Expansion of 0.4%, Corporate Profits Up

Written by Doug Short and Steven Hansen The third estimate of fourth quarter 2013 Real Gross Domestic Product (GDP) is now a positive 0.4%. The market expected the third estimate 4Q2012 GDP at +0.3%. If one wants to pick a … Continue reading

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The Spinning Top Economy

by Matthew Berg, New Economic Perspectives The central insight of the sectoral balances model of the economy is that not all sectors of the economy can net-save at the same time. That means that if all those of us in … Continue reading

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Look at the Jobs Report to See How America Has Changed, and Continues to Change

by Fabius Maximus, FabiusMaximus.com Summary: The news media coverage has expanded during the past 20 years, but probably only giving more heat than light. Hence the frequent assertions during 2010-2011 (eg, seen in the comments on the FM website) that … Continue reading

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What If People Lived Forever . . .

by Menzie Chinn, Econbrowser.com This appeared originally at Econbrowser, 28 February 2013. In a New Keynesian DSGE (or a RBC) Infinite-Lived vs. Finite-Lived Agents Jim Hamilton’s discussion of the Mankiw Dorian Gray pill reminded me that we already have the … Continue reading

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Revised GDP is Above Zero, Barely

February 28, 2013 – BEA Revises 4th Quarter 2012 GDP Upward to a 0.14% Annual Growth Rate by Rick Davis, Consumer Metrics Institute In their second estimate of the US GDP for the fourth quarter of 2012 the Bureau of … Continue reading

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Second Estimate 4Q2012 GDP Is Economic Expansion of 0.1%

Written by Doug Short and Steven Hansen The second estimate of fourth quarter 2013 Real Gross Domestic Product (GDP) is now a positive 0.1%. The market expected the second estimate 4Q2012 GDP at +0.1% to 0.5%. If one wants to … Continue reading

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Sequestration: Side Effects Will Slow Real GDP Growth, Not Reduced Demand

by Paul Kasriel, The Econtrarian In my February 5, 2013 commentary “2013 Economic Outlook – Bright Sunshine for the U.S., Some Cloud Abroad,” I argued that changes in federal fiscal policy have no material impact on total spending on the … Continue reading

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Dude, Where’s My Cheap Gas?

by James D. Hamilton, Econbrowser.com This article was originally published at Econbrowser. Those who have been told that oil production is booming may be wondering why the prices of oil and gasoline are climbing again.

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