gross domestic product

Consumer spending up in Feb; jobless claims at 45-year low

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.

Greece Bailout

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.

SnowMiser

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.