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GDP Articles
California has come back from the Great Recession, buoyed by the rise of new technology companies and a modest recovery of its agricultural industry. Now a drought could set back much of the recovery...
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ThinkstockThe Commerce Department’s report on gross domestic product (GDP) has been released for the fourth quarter of 2013. The headline shows growth of 3.2%, which met the Dow Jones estimate of...
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ThinkstockTuesday’s top economic report was the durable goods report for December, and unfortunately it is a very ugly number. The headline durable goods report from the Commerce Department was...
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ThinkstockThe global economy will expand at 3.7% this year, the International Monetary Fund (IMF) forecast in its latest World Economic Outlook, released Tuesday. That is up from a 3.6% forecast back...
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ThinkstockIf the global economic recovery has left some things behind, the most important is probably job creation. In 2013, 202 million people were unemployed worldwide, up five million from 2012....
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Forecasts have predicted that China's GDP will pass that of the United States sometime between 2030 and 2050. For the time being, those forecasts appear too optimistic. China's GDP growth appears to...
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ThinkstockHurricanes, floods, heat waves and snow storms. Any can be powerful enough or widespread enough to actually chip a piece of U.S. GDP improvement in a given quarter. With two-thirds of the...
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ThinkstockThe U.S. Census Bureau reported Friday morning that its third estimate of third-quarter U.S. gross domestic product (GDP) rose at an annual rate of 4.1%. That was sharply higher than the...
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ThinkstockNext year, U.S. wages will increase by about 1.5% after adjusting for inflation, according to ECA International estimates. In some parts of the world, wages will grow at double this rate,...
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ThinkstockIt is that time of the year again when Wall Street starts issuing its forecasts for the coming year. We have seen the 2014 outlook from Merrill Lynch this Monday with new observations on...
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By International Monetary Fund [Public domain], via Wikimedia CommonsA massive typhoon has battered the Philippines. That will set back what has been a promising economy for years and make the...
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ThinkstockAhead of a key meeting of the Communist Party, Chinese Premier Li Keqiang has stated that the nation’s economy must create 10 million jobs per year, and sustained growth of at least 7.2%...
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ThinkstockThe media is full of analysis of why a drop in gasoline prices may help gross domestic product (GDP). Most of that analysis is flawed because it does not look at the numbers state by state....
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ThinkstockRising oil prices and interest rates, as well as the political wrangling over the federal budget and debt, have not seriously hampered corporate economists’optimism about future economic...
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ThinkstockChina’s National Bureau of Statistics announced that third-quarter gross domestic product (GDP) rose 7.8%. Now, speculation and arguments over whether the People’s Republic can maintain...
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