Articles About GDP

Author:
Richard Gatto
Posted:
09.10.2012

Want to Feel Better About the US Economy? Take a Look at the Rest of the World

There is no doubt that the US economy needs to get its mojo back: in the 2nd quarter its GDP grew at an annualized rate of 1.7 percent, according to revised figures published on August 29th.  That growth number is down from two percent in the 1st quarter and 4.1 percent in late 2011. But, […]

Read More ›
Author:
Richard Gatto
Posted:

Want to Feel Better About the Economy? Take a Look at the Rest of the World

There is no doubt that America needs to get its economic mojo back: in the 2nd quarter its GDP grew at an annualized rate of 1.7 percent, according to revised figures published on August 29th.  That growth number is down from two percent in the 1st quarter and 4.1 percent in late 2011. But, anyone […]

Read More ›
Author:
Tom Silva
Posted:
07.18.2012

Can You Be a Welfare State and an Economic Powerhouse?

During this campaign year, you’ve heard about politicians referring to our country as a welfare state, heavy with unaffordable entitlements for seniors that are stalling our economic growth.  Our growing welfare state is slated to cost $10.3 trillion over the next 10 years-that’s $72,000 a household, said Mitt Romney to voters in Bedford, N.H., on […]

Read More ›
Author:
Catalina Parada
Posted:
06.20.2012

Spain Asks the Eurozone for a Bank Bailout for up to 100 Billion Euro

Spain asked the Eurozone for a bailout of up to €100-billion to rescue its banks.  This is just a short-term fix for the troubled Eurozone because it doesn’t address the underlying problems in the monetary union.  The earlier bailouts of Greece, Ireland and Portugal didn’t resolve the problems either.  “The Spanish banking bailout is big […]

Read More ›
Author:
Catalina Parada
Posted:

Spain Asks the Eurozone for a Bank Bailout

Spain asked the Eurozone for a bailout of up to €100-billion to rescue its banks.  This is just a short-term fix for the troubled Eurozone because it doesn’t address the underlying problems in the monetary union.  The earlier bailouts of Greece, Ireland and Portugal didn’t resolve the problems either.  “The Spanish banking bailout is big […]

Read More ›
Author:
James I. Clark III
Posted:
05.23.2012

Eurodammerung?

Despite Germany’s strong manufacturing output in March, it was not enough to compensate for a slump across the rest of the Eurozone with declining production, a signal that an expected recession may not be as mild as policymakers hope.  Industrial production in the 17 Eurozone countries declined 0.3 percent in March when compared with February, […]

Read More ›
Author:
James I. Clark III
Posted:
05.15.2012

Tepid 1st Quarter Growth Disappoints

The American economy grew less than expected during the 1st quarter as the biggest gain in consumer spending in more than a year failed to overcome a diminished contribution from business inventories.  Gross domestic product rose at a 2.2 percent annual rate after a three percent increase in the 4th quarter of 2011, according to […]

Read More ›
Author:
Tom Silva
Posted:
04.30.2012

Britain Slides Into Double-Dip Recession

Europe’s financial woes have spread across the English Channel as the United Kingdom slid into its first double-dip recession since the 1970s. Britain’s GDP fell 0.2 percent from the 4th quarter of 2011, when it declined 0.3 percent, according to the Office for National Statistics (ONS). As anti-austerity backlash grows on the Continent, Prime Minister […]

Read More ›
Author:
James I. Clark III
Posted:
04.23.2012

Is Greece Headed Towards a Third Bailout?

Lucas Papademos, Greece’s prime minister, said that his crisis-plagued country could require a third bailout just weeks after it secured a second round of rescue funds after much discussion in Brussels. Athens may have received the biggest bailout in history but another lifeline could not be ruled out, according to Papademos.  To date, the European […]

Read More ›
Author:
James I. Clark III
Posted:
04.18.2012

Rising Unemployment Could Push Eurozone Into a Double-Dip Recession

Europe’s unemployment has soared to 10.8 percent, the highest rate in more than 14 years as companies from Spain to Italy eliminated jobs to weather the region’s crisis, according to the European Union’s (EU) statistics office.  That’s the highest since June 1997, before the Euro was introduced.  European companies are cutting costs and eliminating jobs […]

Read More ›

Categories

Archives