GDP
GDP Articles
ThinkstockU.S. gross domestic product (GDP) in 2013 totaled $16.8 trillion dollars, but how much more could it have been if the United States counted income from drug sales and prostitution?...
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ThinkstockWhen the United Kingdom reports its gross domestic product (GDP) for 2014 in September, the figure for the first time will include an estimate that covers the importation, production and...
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ThinkstockChicago Purchasing Managers Index (PMI) is showing a much stronger read than anticipated for the month of May. After weak readings in income and spending, this at least leans a bit more...
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ThinkstockPersonal income and spending data do not exactly give the brightest picture for the month of April. Friday’s report from the U.S. Department of Commerce showed that personal income rose...
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ThinkstockThe Commerce Department’s revision for first-quarter gross domestic product (GDP) was even worse than the prior report, and even worse than economists were predicting. The preliminary...
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ThinkstockThe United States of America — the land of opportunity — has the fourth most uneven income distribution in the developed world. Chile has the most unequal distribution of income, while...
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ThinkstockA reading on wholesale trade was released on Friday morning by the U.S. Commerce Department. This is for the month of March, a period that would have been weather-impacted and would have...
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ThinkstockProductivity and unit labor costs were very mixed in the first quarter of 2013. Much of this seems to be weather related, and the first reminder we would make is that this economic report...
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ThinkstockA recession is defined as “a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive...
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ThinkstockThe first quarter of 2014 was painfully slow. You likely now know what the blame was — weather. It is also seen in many corporate earnings reports that have come out in the past two...
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ThinkstockRussia is the world’s seventh largest economy based on gross domestic product (GDP). The CIA World Factbook puts its GDP for 2013 at $2.55 trillion. An even modest contraction would push...
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The World Bank reports that Ukraine's economy has stalled. If the crisis in the country continues, economic growth could remain flat, or even plunge. Political problems in Ukraine make it a poor...
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Friday's markets had been in limbo and were looking for direction, and the Chicago PMI acted as an unusual and unexpected catalyst for the stock market. Sometimes the market manages to run on small...
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ThinkstockFriday’s key economic report was the first revision to fourth-quarter gross domestic product (GDP). The Commerce Department’s numbers were expected to be revised down, and they were...
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ThinkstockThe Commerce Department’s reading on durable goods is one of the most volatile economic reports issued each month. Then there is the notion that weather in much of the Midwest and...
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