Articles Tagged 'GDP'

GDP grew at record 33.1% annual rate in third quarter in partial bounceback from pandemic losses

The U.S. economy grew at a record-breaking 33.1% annual rate in the third quarter, the Commerce Department reported Thursday. Economists had projected a 32% annualized… READ MORE

Record economic growth on the way as election approaches

The economy is on course for a record jump in gross domestic product in the third quarter, which will be announced shortly before November’s election.… READ MORE

Second-quarter GDP jumps 4.1% for best pace in nearly four years

by Jeff Cox
July 27, 2018
Gross domestic product grew at a solid 4.1 percent pace in the second quarter, its best pace since 2014, boosting hopes that the economy is… READ MORE

Trump now wants NATO allies to spend 4 percent of GDP on defense

by Steven Nelson
July 11, 2018
President Trump is suggesting that NATO allies double their military spending goal to 4 percent of their gross domestic product, the White House confirmed on… READ MORE


by Reuters
August 30, 2017
The U.S. economy grew faster than initially thought in the second quarter, notching its quickest pace in more than two years, and there are signs… READ MORE

BLM Moneyman Soros Helps Elect Liberal Prosecutors With $7MILLION Payout

Republican Matthew McCord was feeling pretty good about the $12,000 he had raised for his campaign for Henry County district attorney when he was blindsided… READ MORE

Spain Has No Government For 10 Months – Economy Grows, Unemployment Falls To 18.9%

by Tim Worstall |
November 8, 2016
We are continually told that every country must have an activist government. No economy nor society can be allowed to just bumble along by itself,… READ MORE

Conservatives’ bill aims for strict spending limit of 18 percent of GDP

May 16, 2011
By Molly K. Hooper -The Hill Key members of the conservative Republican Study Committee introduced a bill to make good on their pledge to “cut, cap and balance” federal spending. RSC Chairman Rep. Jim Jordan (R-Ohio) endorsed the bill submitted Friday by top-ranking GOP appropriator Rep. Jack Kingston (Ga.) that would cap spending at 18 percent of GDP. “It’s simple,… READ MORE

CBO: Obama budget worse than projected on 10-year deficit

March 21, 2011
By Erik Wasson -The Hill The Congressional Budget Office on Friday released its analysis of President Obama’s 2012 budget proposal and found it does less to rein in deficits and the debt than the administration had estimated. CBO estimates Obama’s plan would produce 10 years of deficits totaling $9.5 trillion. By 2021, it would increase the debt held by the… READ MORE

US Will Be the World’s Third Largest Economy

February 26, 2011
By: Patrick Allen, CNBC The world is going to become richer and richer as developing economies play catch up over the coming years, according to Willem Buiter, chief economist at Citigroup. “We expect strong growth in the world economy until 2050, with average real GDP growth rates of 4.6 percent per annum until 2030 and 3.8 percent per annum between… READ MORE

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