Tag Archives: personal consumption expenditures

Great Q2 GDP Growth, But Q3?

Popular Economics Weekly Second quarter GDP came in at a 2.6 percent annualized growth rate. This is one of the best showings of the last 2 years and keeps overall growth at 2 percent; because first quarter’s growth was downwardly … Continue reading

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The Declining Treasury Yield Curve—Recession Looming?

Financial FAQs We are basically at full employment with a 4.4 percent unemployment rate, which should tell us we are nearing the end of this growth cycle. Econoday reports, “The total number of employed Americans, and this includes both the … 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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Why Are Consumers Happier?

Financial FAQs Why are consumers much happier during these holidays? The University of Michigan’s consumer sentiment index for November jumped 6.6 points to a six-month high while the Conference Board’s consumer confidence index jumped 6.3 points to 107.1 for its … Continue reading

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US Consumers Are Happy Again

Popular Economics Weekly US consumers are feeling good, with higher confidence and rising wages pushing demand for housing and consumer spending. The Conference Board’s Consumer Confidence Index rose a huge 4.4 points to 101.3 in August. It has been hovering … Continue reading

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GDP Growth Still Below Average

Popular Economics Weekly There is a reason second quarter Gross Domestic Product growth was so weak—up just 1.2 percent, after 0.9 and 0.8 percent upticks in the last 2 quarters. Pundits attributed it to the lack of capital expenditures, whereas … Continue reading

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Bernie’s Economic Platform—Part II

Popular Economics Weekly Bernie Sanders and Donald Trump won their respective Indiana primaries, and we know why. In February air-conditioner manufacturer Carrier, a wing of United Technologies, announced that beginning next year it will move its Indianapolis production to Mexico … Continue reading

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