economic growth - Page 2

The Economic Institute reported this month that the Bay Area would be the 19th-largest economy in the world, if it were a country, after growing at the fifth-fastest rate of any nation since 2014.

Israel‘s economy grew an annualized 4.5 percent in the first quarter of 2018, faster than previously thought, boosted by gains in consumer spending, investment and export, the Central Bureau of Statistics said in a second estimate.

Hard to believe, but we’re almost halfway through the second quarter of the year. That’s the point where it makes sense to start checking in on where the regional Fed banks’ forecasting models see GDP growth for the quarter.

Consumer spending and business equipment investment accelerated but trade and inventories dragged down overall economic growth.

A trio of economic data released Thursday indicate that the economy is growing, fewer Americans are losing jobs, and manufacturing is strong.

Economists are finally admitting that the Trump presidency has been good for the economy.

United States manufacturing expanded in December at the fastest rate since 2004, according to a report by the Institute for Supply Management.

Nine million working-age men have been pushed out of the workforce by the federal government’s salary-cutting economic strategy, says a former economist for former President Barack Obama.

Trump’s new National Security Strategy does more than drop climate change as a national security threat. It also identifies efforts to push a climate change agenda as a potential threat to national security.

“Economists had been penciling in a boost of about a third of a percentage point next year. Now that is looking way low,” the WSJ reports.

The Trump economic boom is picking up steam as American heads into the final weeks of the president’s first year in office.

The Federal Reserve will almost certainly raise its short-term interest rate target by a quarter percentage point at the conclusion of its two-day policy meeting Wednesday.

The economy’s rate of economic growth was revised up Wednesday to the fastest pace in three years, the Commerce Department said Wednesday.

Third quarter economic growth comes in much higher than expected.

President Donald Trump met with the Senate Finance Committee at the White House on Wednesday, to discuss his ongoing effort to pass tax reform.

In a Tuesday briefing on the new FY2018 Trump Administration budget, Office of Management and Budget Director Mick Mulvaney drove home the importance of assuming three percent growth for the American economy.

The quarterly CSUF 2017 Economic Forecast predicts that Orange County may already be at full employment, while Los Angeles and San Bernardino Counties are approaching full employment.

“Turns Out North Korea’s Economy Is Actually Doing Pretty Well,” the headline at Vox proclaims. The bulk of the article offers nothing to support this assertion.

There were signs of a Trump-induced revival of business activity in the quarter. Consistent with surveys that have shown rising business sentiment, business investment improved, with spending on equipment rising at a 9.1 percent annualized rate.

(AFP) – Britain’s economy grew by 0.6 percent in the final three months of last year and by 2.0 percent over 2016, official data showed Thursday as the country prepares for Brexit.

But the improvement in incomes may actually help Republican nominee Donald Trump. The 19th century French philosopher Alexis de Tocqueville observed that revolutions tend to occur in times of rising expectations.

Authors Larry Kudlow and Brian Domitrovic joined SiriusXM host Alex Marlow on Friday’s Breitbart News Daily to talk about their new book, JFK and the Reagan Revolution: A Secret History of American Prosperity.

Britain’s economy showed its clearest sign to date of bouncing back from the initial shock of June’s vote to leave the European Union, but a big slowdown in growth and a further Bank of England rate cut remain on the cards.

The most glaring economic failure of the Obama administration’s supposed economic recovery is seven consecutive years of microscopic “real” wage growth.

Republican delegates from across the nation are accepting the work of the 112-member Platform Committee, ratifying a platform that should thrill conservatives of all stripes, starkly contrasting with Hillary Clinton and the Democratic Party.

The Commerce Department is set this July to publish a stunning 2 percent downward revision of gross domestic product (GDP) during the Obama Administration term in office.

The “everything is awesome” UCLA Anderson Forecast just predicted that over the next two years, technological advancements from California will make U.S businesses more productive and double the national growth rate.

The news is full of stories about deflation and negative interest rates, but take away the $80 a barrel decline in oil prices since March 2014, and the inflation trend appears to have popped up to more than 2 percent.

Last month’s Islamist terror attacks in Paris, in which 130 innocent people lost their lives, are likely to cost the city up to a quarter of its expect economic growth, the Bank of France has said. The bank revealed on Thursday

Greenpeace India has been banned from receiving foreign donations in a bid by the government to curtail its activities. Government officials have accused the charity of trying to stall India’s economy by campaigning against large infrastructure projects including nuclear power

In fact, one of the worst things about politicized economics is the false promise that politicians know what the ideal economy looks like, never mind having solid plans for getting there. Is the ideal economy one in which everyone’s basic needs are covered? Welcome to the endless grey fog of the collectivist welfare or communist state, which always proves unsustainable and fails to deliver on those promises anyway.

The strong dollar, low interest rates and pent-up demand should drive after-tax growth in real consumer spending and a doubling of the rate of housing growth, according to Lombard Street Research.

The global shock from the release of the U.S. Environmental Protection Agency (EPA) long-postponed draft report stating that hydraulic fracturing (fracking) has not had a “widespread, systemic impact on drinking waste” caused “cheap” natural gas prices to collapse another 16 percent.

U.S. economic growth stalled out in the first quarter of 2015 as the domestic energy boom caused a short-term collapse in capital spending, large lay-offs in the oil industry, and a 15 percent jump in the exchange rate of the US dollar. A pattern of slowing GDP just before a consumer spending boom takes off is consistent with what happened the last time a big rise in U.S. crude oil production tanked gasoline prices beginning in 1986.

We’ve been hearing this ridiculous garbage about cold winters freezing the engines of the mighty Obama growth engine every year for the past six years. The hard, cold truth is that we’ve never had sustained growth under this President’s policies that could do anything more than slow the bleeding in the American workforce. Everything he does, from ObamaCare to his amnesty orders for illegal aliens, is a job-killer. It’s a tribute to the underlying strength of the American economy that we’re not in even worse shape.

Former Obama Senior Advisor David Axelrod predicted Hillary Clinton will face questions on the economy because “there’s a sense that work doesn’t pay” on Friday’s “Andrea Mitchell Reports” on MSNBC. “We have an economy that has recovered from the recession,