Monday , May 21 2018
Home / Tag Archives: gdp

Tag Archives: gdp

Afternoon roundup

Today's closing of the browser tabs brings a greater share of stupid New Zealand policy than I'd like.The SuperGold Card scheme was always stupid. Why? It's badly targeted. If you want to alleviate poverty, give money to poor people. Giving free transport to old people doesn't make a lot of sense. And as Duncan Greive over at the Spinoff points out, there's a big subsidy to rich retired (or just old and still working) people who live up on Waiheke Island - and who can get a free 23km ferry...

Read More »

Enjoy It While You Can

by John Mauldin, Thoughts from the Frontline If you travel as much as I do, you come to value nonstop flights. Connections introduce uncertainty and potential delays, not to mention what often feels like wasted time; but sometimes connections are just unavoidable. But you don’t want them to be too tight. Those five-minute sprints from one concourse to another are never fun. Better to have some breathing room. Follow up: Please share this article - Go to very top of page, right hand side,...

Read More »

Gross Domestic Problems

by John Mauldin, Thoughts from the Frontline Fictitious Wall Street villain Gordon Gekko famously declared, “Greed is good.” I think actual Wall Street titans would mostly disagree. They would change one word. Instead of “greed,” they would say, “Growth is good.” That is Wall Street’s real mantra. Growth is the magic elixir we all need. Follow up: Please share this article - Go to very top of page, right hand side, for social media buttons. The question, if we define growth as good, is...

Read More »

Measuring the “Free” Digital Economy

by Timothy Taylor, Conversable Economist The digital economy provides a number of services for which the marginal price (given an internet connection) is zero: games like Candy Crush, email, web searches, access to information and entertainment, and many more. Follow up: Please share this article - Go to very top of page, right hand side, for social media buttons. Because users are not paying an additional price for using these services, this form of economic output doesn't seem to be...

Read More »

Third Quarter 2017 GDP Estimate Revision is Minor

by Rick Davis, Consumer Metrics Institute December 21, 2017 - BEA Revises 3rd Quarter 2017 GDP Growth Downward Slightly to 3.16% In their third and final estimate of the US GDP for the third quarter of 2017, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +3.16% annual rate, down -0.14% from the previous estimate and up +0.10% from the prior quarter. Follow up: Please share this article - Go to very top of page, right hand side, for social media...

Read More »

Low Inflation Deflator and Inventory Increases Boost GDP

Second Estimate 3Q 2017 GDP In their second estimate of the US GDP for the third quarter of 2017, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +3.30% annual rate, up +0.32% from the previous estimate and up +0.24% from the prior quarter. Follow up: Please share this article - Go to very top of page, right hand side, for social media buttons. The changes from the prior estimate reflect higher commercial fixed investment, higher inventory growth, more...

Read More »

‘Strong’ GDP Growth Is Really Not So Strong

by Rick Davis, Consumer Metrics Institute In their first (or "preliminary") estimate of the US GDP for the third quarter of 2017, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +2.98% annual rate, down -0.08% from the prior quarter. Follow up: Please share this article - Go to very top of page, right hand side, for social media buttons. The changes from the prior quarter reflect a general weakening of consumer and commercial spending growth, nearly...

Read More »

Consumer Spending is Driving Healthy Economic Growth

by Rick Davis, Consumer Metrics Institute September 28, 2017 - BEA Revises 2nd Quarter 2017 GDP Growth Slightly Upward to 3.06%: In their third and final estimate of the US GDP for the second quarter of 2017, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +3.06% annual rate, up +0.02% from their previous estimate and up +1.82% from the prior quarter. Follow up: Please share this article - Go to very top of page, right hand side, for social media...

Read More »

Consumers Continue to Support Healthy GDP Growth

by Rick Davis, Consumer Metrics Institute August 30, 2017 - BEA Revises 2nd Quarter 2017 GDP Growth Upward to 3.04%: In their second estimate of the US GDP for the second quarter of 2017, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +3.04% annual rate, up +0.48% from their previous estimate and up +1.80% from the prior quarter. Follow up: Please share this article - Go to very top of page, right hand side, for social media buttons. Consumer...

Read More »

The Tax Deception Exposed

Written by Dan Lieberman, Alternativeinsight "A good catchword can obscure analysis for fifty years." - Oliver Wendell Holmes Follow up: Please share this article - Go to very top of page, right hand side, for social media buttons. Without proof, the Republican Party and Grover Norquist's Americans for Tax Reform have pushed catchy expressions into our lexicon, casually and with absolute conviction. Two of the most prominent are:  Lowering income tax rates benefits the economy. Raising...

Read More »