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Gdp Report

Crisis? What Crisis?

Reuters | Posted 04.02.2013 | Politics

By David Lawder WASHINGTON, Jan 31 (Reuters) - Big automatic cuts in federal spending are fast approaching again, alarming the defens...

Sam Stein

Congress Unlikely To Stop Sequestration Despite Ominous GDP Report

HuffingtonPost.com | Sam Stein | Posted 01.31.2013 | Politics

WASHINGTON -- Lawmakers and economists urged Congress to reconsider the massive spending cuts set to begin in March in light of Wednesday's alarming n...

Zach Carter

Austerity Politics Puts U.S. On 'Precipice Of Recession'

HuffingtonPost.com | Zach Carter | Posted 01.30.2013 | Politics

WASHINGTON -- Lawmakers were stunned Wednesday to learn that the U.S. economy officially dove toward a double-dip recession at the end of 2012, contra...

Third Quarter GDP Report: Economy Picks up a Bit, But Just a Bit

Jared Bernstein | Posted 12.26.2012 | Business
Jared Bernstein

The nation's economy expanded at an annual rate of 2 percent last quarter, according to this morning's GDP report. That's faster than last quarter's 1.3 percent and a bit above what most analysts were expecting, so that's good. But it's also just trend growth -- 2 percent is about what it takes to keep the job market pretty much where it is. I could easily write the campaign press releases: Romney/Ryan: growth too slow! Obama/Biden: 13th quarter of expansion, growth picked up from last quarter, no time to change horses (I'd add: especially when the other horse wants to run hard in the wrong direction).

Romney Calls Improving Economic News 'Discouraging'

AP/The Huffington Post | Posted 10.26.2012 | Politics

WASHINGTON — Republican presidential candidate Mitt Romney says a new report on the nation's economic growth is "discouraging." The Commerce Depa...

Economy Grew Less Than Expected As Incomes Fell By Most In Two Years

AP | MARTIN CRUTSINGER | Posted 01.22.2012 | Business

WASHINGTON — The U.S. economy grew more slowly over the summer than the government had earlier estimated because businesses cut back more sharpl...

Lila Shapiro

Economic Growth Still Not Good Enough To Dent Jobs Crisis

HuffingtonPost.com | Lila Shapiro | Posted 05.25.2011 | Business

The American economy sped up in the last three months of 2010, but economic growth is still dramatically short of where it needs to be to make a signi...

GDP Grows 2 Percent In 3Q, Stocks Waver

AP | STEPHEN BERNARD and DAVID K. RANDALL | Posted 05.25.2011 | Business

NEW YORK — Stocks edged higher Friday to close out the best October for the Dow Jones industrial average in four years. Trading activity was re...

An In-Depth Look at the GDP Report

Hale "Bonddad" Stewart | Posted 05.25.2011 | Business
Hale

The long awaited GDP report is out. Notice it wasn't just durable goods that saw increases: non-durable goods and services also increased. And not by small amounts.

The GDP of Stimulus

Garrett Johnson | Posted 05.25.2011 | Business
Garrett Johnson

According to Third Quarter reports, the Great American Recession is over. Are those numbers to be believed? The smart money is skeptical; you should be too.

Are the U.S. Government's Statistics on the Economy to Be Trusted?

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

The IRS doesn't consider credit to be income, or else it would tax us on all our debts. However, in the case of the U.S. government measuring GDP, the opposite logic applies.

Dow Gains More Than 2 Percent After GDP Report

AP | TIM PARADIS and MADLEN READ | Posted 05.25.2011 | Business

NEW YORK — Wall Street showed some welcome signs of stability Thursday, taking a downbeat gross domestic product report in stride and driving th...