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
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
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
GDP UP!, JOBS UP!
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%
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
By Molly K. Hooper -The Hill
Key members of the conservative Republican Study Committee introduced a bill to make good on their pledge to â€œcut, cap and balanceâ€ 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.
â€œItâ€™s simple,… READ MORE
CBO: Obama budget worse than projected on 10-year deficit
By Erik Wasson -The Hill
The Congressional Budget Office on Friday released its analysis of President Obamaâ€™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
By:Â 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