U.S. GDP Grew by 3.5 Percent in Third Quarter
The U.S. economy grew at a robust annual rate of 3.5 percent in the July-September quarter as the strongest burst of consumer spending in nearly four years helped offset a sharp drag from trade.
gross domestic product
Soaring Consumer Spending Drives GDP to 4.1% in Q2
U.S. GDP rocketed up to 4.1 percent in Q2, a rise far outpacing the Q1 2.2 percent. The rise is the fastest since 2014, according to reports.
First-Quarter US Economic Growth Revised Down to 2.2%
The American economy grew slightly less than initially estimated in the first three-months of 2018, the Commerce Department said Wednesday.
Atlanta Fed, Goldman Sachs and JP Morgan GDP Forecasts Crash
A lower than expected retail sales number Wednesday has many economists revising down their forecast of first quarter gross domestic product.
U.S. GDP Grows 2.6%, Slower Than Forecast
Consumer spending and business equipment investment accelerated but trade and inventories dragged down overall economic growth.
IMF Boosts U.S. Growth Forecasts Based on Trump’s Tax, Infrastructure Plans
The International Monetary Fund said the U.S. would grow faster than expected thanks to President-elect Donald Trump’s plans to cut taxes and increase spending on infrastructure.
American Manufacturing Needs More Energy, Not Less
During the 2016 election, both candidates promised to bring manufacturing back to the U.S.
Report: Hillary Clinton’s 13 Top Spending Plans Mean $2,000 Billion in Extra Debt
Fiscal analysis by FreedomWorks, the Washington-based organizing and logistics hub for Tea Party and conservative activists across the country, revealed that Hillary R. Clinton’s tax and spend proposal will drag the economy and generate $2.153 trillion in new federal debt over a 10-year projection.
Op-Ed: Are the City of Houston’s Finances in the ‘Greece’
The City of Houston appears to be following the path of the nation of Greece in terms of financial ruin. News sources daily are keeping us appraised of the continuing Greek debt crisis. Greece has a debt of 170% of their Gross National Product.
Q1 GDP Revised Down to Negative Growth; Old Man Winter Blamed Once Again
Another way to interpret this perpetual excuse-making about cold winters and unpredictable variables is that Obama’s central-planning gurus didn’t leave the free-market economy with enough strength and freedom of action to deal with setbacks. The crushing burden of carrying our insanely expensive, corrupt, incompetent central government leaves businesses with insufficient capital and limited options to either exploit opportunity, or prepare for reversals.
