Looking at The Cost of Living by State

State personal consumption expenditures (PCE) increased on average 4.3 percent in 2017, an acceleration from the 3.8 percent increase in 2016, according to statistics released today by the Bureau of Economic Analysis.

The percent change in PCE across all states ranged from 6.9 percent in Idaho to…

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CEO’s Grow Less Confidence

The world’s bosses (Chief Executive Officers) grew less confident in the third quarter, according to The Conference Board.

The Conference Board Measure of CEO Confidence, which had decreased slightly in the second quarter of 2018, declined again in the third quarter.

The Measure now reads 55, down from 63…

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Where the Economy is Growing

The economy has been growing fast in recent months – but not all areas of the country are growing at the same rate. A study from the government’s Bureau of Economic Analysis breaks down GDP growth by metro area.

Real gross domestic product (GDP) increased in 312 out of 383…

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Productivity News Gets Better

Some good news on the economy got an upside revision last week.

In August, economists were surprised and thrilled by the latest report on labor productivity from the U.S. Bureau of Labor Statistics. The reason for this excitement? Productivity increased more during the second quarter of 2018 than it…

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U.S. Trade Deficit Widens

With all the talk of tariffs and trade war in the news these days it’s good to keep focused on the reason for all the drama: the U.S. trade deficit.

It’s officially called the goods and services deficit by the U.S. Bureau of Economic Analysis, and…

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