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Gross Domestic Product

How Serious Is Our National Debt?

Patrick Takahashi | Posted 11.23.2009 | Business

Read More: China, Japan, National Debt, Gross Domestic Product, Economic Stimulus Package, Ronald Reagan, The Economist, Debt Percentage, Obama Administration, Congress, Obama, Gdp, Business News
Patrick Takahashi

The American debt as a percentage of GDP is at around 100%, which is expected to edge up to 101% in 2011, then begin to drop. However, Japan's debt as a percentage of GDP will go to 230%!

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Ghost Towns in China Prove GDP Is a Farce

Damien Hoffman | Posted 11.16.2009 | Business

Read More: Real Estate, Gdp, China, Crisis, Ghost Towns China, Gross Domestic Product, Ghost Towns, China Economy, Business News
Damien Hoffman

An entire generation has been conditioned to believe economics is the fundamental nature of reality. If the Chinese government pulls a Lehman, the next chapter of history will be messy.

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Hold the Hofstadter: Why the GOP Is Winning 2010

John R. Bohrer | Posted 11.12.2009 | Politics

Read More: Michael Steele, Unemployment Rate, New Deal, 2010 Elections, The Death of Conservatism, Mike Pence, Tea Parties, Gross Domestic Product, Democrats, Barack Obama, Everett Carll Ladd, Richard Hofstadter, 2010, Unemployment, Lyndon B. Johnson, Great Society, Gdp, Lyndon Johnson, Republicans, Tea Party, Republican Party, One Year Later, Sam Tanenhaus, Politics News
John R. Bohrer

Over the last few months, a number of prominent political columnists have pointed to historian and social critic Richard Hofstadter to explain what is happening to the Republican Party. Here's why they shouldn't.

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'Third Quarter Growth' and Other Things That Mean Nothing To You

Allison Kilkenny | Posted 10.30.2009 | Business

Read More: U.S. Economy, Goldman Sachs, Joseph Stiglitz, Economic Recession, Economy, Economic Crisis, Recession Fears, New York Times, Gdp, Gross Domestic Product, Recession, Business News
Allison Kilkenny

If life still sucks for you: you're still unemployed, depressed, broke, homeless, or scraping by on food stamps, don't worry. You're not alone.

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Main Street Lags Far Behind Wall Street In Recession Recovery

BusinessWeek | Moira Herbst | Posted 10.26.2009 | Business

Read More: Gdp, Unemployment, Gluskin Sheff, Wall Street, Lagging Indicators, Dow Jones Industrial Average, Leading Indicators, Main Street, David Rosenberg, ABC News/Washington Post Poll, Gross Domestic Product, Recession, Business News

On the one hand, the Dow Jones industrial average once again danced around 10,000 last week. If U.S. gross domestic product rebounds as expected on Oc...

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Time to Stop the Regulatory Circus and to Steer the Ship to Safe Ground

Georges Ugeux | Posted 10.08.2009 | Home

Read More: Finance Ministers, Financial-Stability-Board, Nouriel Roubini, Economy, International Monetary Fund, World Bank, Fixed Income, Federal Reserve, Aig, Regulation, Gross Domestic Product, Istanbul, Merrill Lynch, Goldman Sachs, Bank for International Settlements, G-20 Summit, Morgan Stanley, Lehman Brothers, Derivative Market, Bear Stearns, Home News
Georges Ugeux

The real issue for regulators around the globe is a serious definition of the financial world we want to live in. The current focus nearly exclusively on the banking sector could cause authorities to miss the broader picture.

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U.S. GDP Falls AT 0.7 Percent Pace In 2Q

AP | JEANNINE AVERSA | Posted 10.01.2009 | Business

Read More: 2Q GDP, Economy, Economic Growth, U.S. GDP, Gdp, Gross Domestic Product, Recession, Business News

WASHINGTON — The economy shrank less than expected in the second quarter as businesses and consumers trimmed their spending at a slower pace, buttressing beliefs that the economy is now growing.

The 0.7 percent dip in gross domestic product for the April-June quarter follows the 6.4 percent annualized drop in the first three months of this year, the worst slide in nearly three decades. In the final quarter of last year, the economy sank at a rate of 5.4 percent

The new reading on second-quarter GDP, reported by the Commerce Department on Wednesday, shows the economy shrinking less than the 1 percent pace previously estimated. It also was better than the annualized 1.1 percent drop that economists were predicting.

The final revision of second-quarter GDP comes on the last day of the third quarter, in which many analysts predict the economy started growing again at a pace of about 3 percent.

"Growth should be solidly positive," said Mark Vitner, economist at Wells Fargo Securities.

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Fomenting a Green Industrial Revolution in the U.S.

Leo W. Gerard | Posted 10.18.2009 | Business

Read More: Industrial Revolution, Fair Trade, Dumping, Gross Domestic Product, Trade Deficit, Suntech Power Holdings, Green-Energy, First-World Country, Trade Surplus, New York Times, Free Trade, Industrial Policy, G-20, World War II, China, Economic Policy Institute, Business News
Leo W. Gerard

When the leaders of the G-20 nations arrive in Pittsburgh, I want them to know I am fomenting revolution -- Industrial revolution. Specifically, a 21st-century burgeoning of green manufacturing in the United States.

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GDP Declines 1 Percent In 2Q, Better Than Expected

AP | MARTIN CRUTSINGER | Posted 09.27.2009 | Business

Read More: Jobless Numbers, White House, Benefit Claims, Unemployment Rate, First-Time Jobless, Economy, Labor Department, Economic Crisis, Commerce Department, Recession, Gross Domestic Product, Unemployment Numbers, Economists, Jobless Rate, Unemployment, Wall Street, Christina Romer, Jobs Report, Gdp, Business News

WASHINGTON — Further evidence the recession is ending came in a report Thursday confirming that the economy shrank at an annual rate of just 1 p...

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National Association of Manufacturers Blasts ... American Manufacturing?

Dave Johnson | Posted 09.19.2009 | Business

Read More: Manufacturing, Free Trade, Cato Institute, Trade, Libertarians, National Association of Manufacturers, US Economy, Us Tax System, Us-Manufacturing, Harold Meyerson, Washington Post, Gross Domestic Product, American Manufacturing, Manufacturing Jobs, Business News
Dave Johnson

Why is America's National Association of Manufacturers echoing the Cato Institute's views against American manufacturing? Has this organization lost its way? Do NAM members know about this?

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New Economic Data Shows that Right Wing Economic Theory Is Simply Wrong.

Robert Creamer | Posted 09.14.2009 | Politics

Read More: Gross Domestic Product, Private Sector Job Creation, Job Creation, Obama Health Care Plan, Public Sector Job Creation, Ronald Reagan, George W. Bush, Supply Side Economics, Economic Crisis, Obama Economic Stimulous, Economic Stimulous Package, Right Wing Economic Thought, Conservative Economic Orthodoxy, Bush Tax Cuts, Economy, Politics News
Robert Creamer

The Republicans and the Right Wing establishment will continue to ignore reality, to repeat their slogans, to pander to fear, and stand up for wealthy special interests. But history has rendered its verdict.

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Gov Stats Overly Rosy? Some Say Unemployment Is Actually 20%

smartmoney.com | Posted 07.13.2009 | Business

Read More: Gdp, Unemployment, Economic Indicators, Statistics, Economy, Economic Statistics, Gross Domestic Product, Business News

Today Williams runs Shadow Government Statistics (ShadowStats.com) from his home. For $175 a year subscribers get economic data and analysis adjusted ...

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Government GDP Estimate 6% Higher Than Private Forecasters

gregmankiw.blogspot.com | Greg Mankiw | Posted 03.30.2009 | Business

Read More: Gross Domestic Product, Greg-Mankiw, Economy, Business News

Here (in red) are the growth forecasts used to put out the new Obama administration budget, followed by the consensus forecast of a panel of "Blue Chi...

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Healthy, Wealthy and Wise?

Andrew L. Yarrow | Posted 06.13.2008 | Business

Read More: Gdp, Cost of Higher Education, Supply, Higher Education, Gross Domestic Product, Health Care, Health Care System, Demand, Business News
Andrew L. Yarrow

How did two proud symbols of American greatness from the late 19th to the late 20th centuries become emblematic of deep social and economic problems and the nation's slide from global pre-eminence?

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Economy Nearly Stalled in 4th Quarter

AP | JEANNINE AVERSA | Posted 04.04.2008 | Business

Read More: Recession, Commerce Department, U.S. Economy, Economic Health, Gdp, Gross Domestic Product, Economy, Business News

WASHINGTON — The economy nearly sputtered out at the end of the year and probably is faring even worse now amid continuing housing, credit and f...

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Economy Skids to Near Halt

AP | JEANNINE AVERSA | Posted 03.28.2008 | Business

Read More: Recession, Commerce Department, U.S. Economy, Economic Health, Gross Domestic Product, Economy, Business News

WASHINGTON — The economy skidded to a near halt in the final quarter of last year, clobbered by dual slumps in housing and credit that caused pe...

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Recession-Proof Your Portfolio

Yahoo Finance | Annie Sorich | Posted 03.28.2008 | Business

Read More: Recession, Liquidate Investments, Gdp, Buy Don't Sell, Shrinking Economy, Gross Domestic Product, Recession Fears, Business News

There's lots of talk of a recession these days, making many investors nervous. What exactly is a recession? The technical definition is two quarters (...

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