Tag Archives: GDP growth. inflation

Q4 GDP Growth Misses 3 Percent

Popular Economics Weekly Consumers and businesses powered the economy to a 2.6 percent rate of gross domestic product growth in the final three months of 2017, according to the Commerce Department. But declining inventories and a wider trade deficit kept … Continue reading

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Republican’s Tax Reform = U.S. Bankruptcy?

Popular Economics Weekly We know most of the sordid details, by now. The Repubs’ about-to-be-approved tax bill will drive the U.S. into a defacto bankruptcy. It contains very little for the middle and lower income tax brackets that do the … Continue reading

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A Poor Employment Report?

Popular Economics Weekly What does it mean when 33,000 nonfarm payroll jobs were lost in September? Not much, when many of the losses came from the hurricanes that threw 1.5 million out of work, according to Marketwatch’s Jeff Bartash, and … Continue reading

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Bad News for Workers = Bad Economic News!

Popular Economics Weekly Personal incomes have been increasing just 2.5 percent on average for several years. The problem is that’s not adequate GDP growth to pay down the $10 trillion in worldwide debt that’s been issued since 2008 to get … Continue reading

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What Creates Higher Growth?

Popular Economics Weekly Amidst all the talk of Republicans promise to cut regulations and taxes to boost growth, there is one problem. Where are the workers that would boost growth? We are already close to full employment, and in fact … Continue reading

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Q3 GDP Growth Now 3.5%!

Popular Economics Weekly The third-quarter lived up to its early expectations, rising with each new revision to an inflation-adjusted 3.5 percent annualized rate for the best showing in two years, said the Commerce Department. The consumer was the main engine … Continue reading

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GDP Growth, Consumer Confidence Soar

Financial FAQs The economy grew at the fastest pace in over two years in the third quarter, as consumers, business investment and government increased spending. Gross domestic product expanded at a 3.2 percent annual rate in the Commerce Department’s second … Continue reading

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