Subscribe to NCRenegade via Email
Tag Archives: GDP
U.S. Economy Expands at 2.8% Pace in 3Q – Fox Business The U.S. economy grew faster than expected in the third quarter as businesses restocked shelves, but a slowdown in consumer and business spending pointed to an underlying weakness. Gross domestic … Continue reading
More… USDebtClock.org puts this ratio at 107.17%.
The U.S. economy posted a stunning drop of 0.1 percent in the fourth quarter, defying expectations for slow growth and possibly providing incentive for more Federal Reserve stimulus. The economy shrank from October through December for the first time since … Continue reading
This morning, Rick Santelli said the revised GDP numbers are “depressingly weak”: CNBC reports on the numbers: New durable goods orders in August fell by the most since the recession and a separate reading on the broader U.S. economy came … Continue reading
I don’t think there was much in the GDP report that wasn’t expected, except durable goods. The decline in durable goods was comparable to Q2 2011, right down to the primary driver of that weakness – motor vehicles. However, there … Continue reading
From Deutsche-Boerse: ATHENS (MNI) – Greece is facing yet another year of sharp recession with GDP expected to contract by as much as 5% in 2012, higher than previously forecast, the Bank of Greece said in a report released today. … Continue reading