Tag Archives: GDP growth. inflation

Q4 Economic Growth…Watch Out Below!

Popular Economics Weekly We might have a problem with economic growth in the fourth quarter, thanks in part to Republicans’ 2017 tax cuts that were to stimulate longer term growth and jobs, believe it or not. The New York and … Continue reading

Posted in Consumers, Economy, Weekly Financial News | Tagged , , , | Leave a comment

Lower Q3 GDP Growth = Slowing Economy

Popular Economics Weekly BEA.gov Real gross domestic product (GDP) increased at an annual rate of 1.9 percent in the third quarter of 2019, according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter, real … Continue reading

Posted in Consumers, Economy, housing market, Weekly Financial News | Tagged , , | Leave a comment

Q2 GDP Growth Unchanged

Popular Economics Weekly BEA.gov In the face of declining consumer confidence, but strong consumer and government spending, the third estimate of second quarter GDP growth was unchanged at 2 percent. The BEA reported the increase in real GDP in the … Continue reading

Posted in Economy, Macro Economics, Weekly Financial News | Tagged , , , | Leave a comment

Manufacturing, Foreign Trade Faltering

Financial FAQs US manufacturers grew in July at the slowest pace in three years thanks to festering U.S. trade disputes that have hurt exports and undermined the global economy. It was the lowest number since August 2016, as the FRED … Continue reading

Posted in Economy, Politics, Weekly Financial News | Tagged , , , | Leave a comment

Economic Growth Is Slowing

Financial FAQs BEA.gov Gross domestic product, the official report card on the economy, grew at a 2.1 percent annual pace from the start of April to the end of June, the government said Friday. GDP slowed from a 3.1 percent … Continue reading

Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , | Leave a comment

What Happened to Main Street?

Popular Economics Weekly FRED The main reason we have suffered from historically slow growth and stagnated wages since the Great Recession is in large part due to so-called trickle-down economics, the fallacy that concentrating most of the largess of economic … Continue reading

Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , | Leave a comment

Economic Growth Continues For How Long?

Popular Economics Weekly BEA.gov Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the first quarter of 2019, according to the Bureau of Economic Analysis. It was “second” estimate released by the Bureau of Economic … Continue reading

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , | Leave a comment