Posts Tagged ‘Economic Growth’

Economic Growth Decreased in All 50 States During the Second Quarter

Economic growth, as expressed in real gross domestic product (GDP), decreased in all 50 states and the District of Columbia in the second quarter of 2020, as real GDP for the nation decreased at an annual rate of 31.4 percent, according to statistics released by the U.S. Bureau…

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Economic Growth Steady But Slow Going Into 2020

Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the last three months of 2019, according to the “advance” estimate released by the Bureau of Economic Analysis.

In the third quarter, real GDP increased 2.1 percent. These
numbers are consistent with the post…

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Strong Economic Growth Surprises Experts

The economy grew faster in the first three months of the year than economists were expecting.

According to new data from the Bureau of Economic Analysis Real
gross domestic product (GDP) increased at an annual rate of 3.2 percent in
the first quarter of 2019.

That’s much…

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Economic Growth Remains Strong

U.S. economic growth remains strong as the year ends. However, there is evidence that growth is slowing a bit.

Real gross domestic product (GDP) increased at an
annual rate of 3.4 percent in the third quarter of 2018, according to the
“third” estimate released by the government…

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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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Which Industries Are Growing the Strongest?

Here’s an interesting report that breaks down economic growth (GDP growth) by industry.

Published by the Bureau of Economic Analysis, the report goes beyond the singular top-line number, to show which industries are doing well, which are doing really well, and which ones are lagging.

First, the top…

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Productivity Gains Accelerate

Labor productivity increased 3.0 percent during the third quarter of 2017, the U.S. Bureau of Labor Statistics reports, as output increased 4.1 percent and hours worked increased 1.1 percent.

The productivity increase was the largest since the third quarter of 2014, when output per hour increased…

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It’s Official: The Economy Slowed Down in 2015

The economy slowed dramatically in the first three months of this year, and might actually have been in recession were it not for strong momentum coming off of 2014, according to some new information from the U.S. Bureau of Economic Analysis.

Analysis by the economists at The Conference Board…

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