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2 mins read
Here are the revisions made to GDP growth over the last three years
There are recurring annual events that greatly affect the US economy, like the Christmas holiday or…
Andy Kiersz
1 min read
Cochin Shipyard bags Rs 313cr deal to upgrade Indian Navy warship
The Ministry of Defence on Monday signed contract with Kochi-based Cochin Shipyard Limited (CSL) fo…
2 mins read
The Recovery Doesn't Look As Good After A Revision Buried In Today's GDP Report
"The percent change in real GDP was revised down 0.2 percentage point for 2011, was revised down 0.…
Myles Udland
1 min read
Show These Charts To Anyone Who Thinks Debt, Spending, And Taxes Are At All-Time Highs
It turns out, taxes are lower than they have been throughout most of history; debt as a percentage …
2 mins read
Here's Why The GDP Report's Healthcare Spending Estimate Was Such A Disaster
"It would mean that somehow we're able to produce so much more health care with each worker, in a d…
Brett LoGiurato
1 min read
This Chart Shows How Healthcare Spending Estimates In GDP Reports Are A Disaster
The biggest swing in Q1's GDP report came on healthcare prices and spending. The Bureau of Economic…
Brett LoGiurato
1 min read
This Chart Is For Everyone Who Thinks That Foreigners Own A Huge Stake In America
Via Matt Yglesias this chart from a BEA Presentation on the U.S. economy debunks the myth that fore…
1 min read
Here's The GDP Growth Of Your State
Bonus chart: regional real GDP comparisons by recent years. It sure looks like whatever growth the …
Rob Wile
2 mins read
So, it looks like there's a problem with how the government calculates GDP
So what's at issue here is the seasonal adjustment that the BEA applies to the data once it has col…
Myles Udland
3 mins read
What'd we just learn about the US economy? Not much!
At an annualized rate, GDP grew 0.5% in the first three months of 2016. Thursday's report, however,…
Myles Udland
2 mins read
We're about to get a much better idea of just how well the US economy is doing
This divergence [between GDP and GDI] is known as the 'statistical discrepancy.' Since 2011, the st…
Akin Oyedele
3 mins read
Britain's economic recovery just caught up with the US and nobody even noticed
Once you look at only the post-recession recovery, the difference between the two (which was visibl…
Mike Bird
1 min read
Here's Where Americans Spend The Most On Housing
We recently took a look at the Bureau of Economic Analysis' new state level breakdown of consumptio…
Andy Kiersz
1 min read
Port strikes and the strengthening dollar tanked GDP
Net exports were also a big drag on growth, subtracting 1.3% points, as exports fell by 7.2%, while…
Shane Ferro
1 min read
HERE COMES GDP...
Data released since the first revision to Q1 GDP growth to -1.0% from +0.1% point to a significantl…
Sam Ro
1 min read
GDP REVISED UP TO 4.2%!
The change in private inventories added 1.39 percentage points to growth. Economists often flag thi…
Sam Ro
2 mins read
US GDP beats expectations
"The larger picture remains the same, growth remains on track and the economy's positive, steady pe…