Economic Front: It’s hard to tell where you’re going if you don’t know where you are... Paid Members Public
The US Real Gross Domestic Product declined at a 1.6% annual rate in the fi rst quarter of 2022. Real Gross Domestic Income rose at a 1.8% rate. Over the last six quarters, GDP has grown at a 4.1% rate versus 7.3% for GDI (see line
ECONOMIC FRONT | A little more boom, a little more bust Paid Members Public
The US Bureau of Economic Analysis (BEA) released its annual revision of the National Income Accounts on Sept. 29. 2022. Historical estimates of Gross Domestic Product (GDP) and its components were revised to reflect more-complete information. Quarterly growth rates were revised up in most quarters of 2020 and 2021, making
ECONOMIC FRONT | Stumbling into 2022: While growth slows, inflation keeps keepin’ on Paid Members Public
The US economy finished 2021 on a weak note, as payroll employment rose less than expected, retail sales fell sharply, motor-vehicle sales slipped, and industrial production declined in December... Click the link below to download the full article.