GDP

GDP Articles

ThinkstockWhile all eyes will be on the upcoming July unemployment and payrolls on Friday, August 1, the other big economic report during the week will of course be second-quarter gross domestic...
ThinkstockFriday’s report on durable goods was one we were paying close attention to. After all, this is the last major broad production and consumption number ahead of the first look at...
ThinkstockOn Friday we will get to see the report for Durable Goods  for the month of June. This is an incredibly important report because it is for June, marking the end of the second quarter. This...
ThinkstockAfter a 2.9% drop in gross domestic product (GDP) in the first quarter of 2014, all eyes have been on June economic readings. After all, June marks the end of the second quarter. Now we...
ThinkstockAs the economy recovers slowly, among the most critical questions about GDP recovery is how much money Americans actually have to spend for more than essentials. High energy and food...
Thinkstock24/7 Wall St. covers many economic readings throughout each week, month and year. Many economic reports are trumped up in their value by the financial media and by short-term traders, but...
ThinkstockThe Federal Reserve has released its latest installment of the so-called Beige Book. The Fed is getting yet another chance to move the market with data that should have already been known....
ThinkstockFed Chair Janet Yellen is delivering her semiannual Monetary Policy Report in front of Congress on Tuesday. The testimony is before the Committee on Banking, Housing and Urban Affairs of...
ThinkstockJune turned out to not be a great month for retail sales. The Census Bureau reported that advance monthly sales for retail and food services rose by only 0.2% to $439.9 billion on a...
ThinkstockIt may be that economists are wrong so often that their forecasts about growth and the odds for or against future recessions are of little value. Nevertheless, the National Association of...
Most media and analyst forecasts call for the Dow Jones Industrial Average (DJIA) to remain at about 17,000, or for it to plow ahead toward 20,000. The June jobs reports was good enough to lift the...
ThinkstockA new study from the Organisation for Economic Co-operation and Development (OECD) projects that global economic growth will slow and income inequality will continue to rise to 2060. The...
ThinkstockTuesday brought two manufacturing readings for measuring the U.S. economy. The data might be considered mixed when you look at the Markit PMI reading versus the ISM Manufacturing Index....
ThinkstockWith all the quantitative easing in the United States, Europe, Japan, China and elsewhere, you would think that trajectory for the global recovery and global growth is well on track. It...
ThinkstockThe sequential 2.9% decline in U.S. gross domestic product (GDP) in the first quarter of 2014 was lower than expected and the largest drop since the first quarter of 2009. There was at...