Q3 GDP came in at a boomy 4.9%. The primary drivers were inventories and personal consumption, at 1.3% and 2.69%. The inventory rebuild is a volatile component, but the consumption figure is ...
The U.S. economy expanded 6.4% on an annualized basis in the first quarter, the Commerce Department said last month, as American businesses reopened and people got back to work after being largely ...
Here’s another animated “bar chart race” visualization, this one displays the top 15 US states by GDP per capita annually in billions of constant 2012 dollars from 1977 to 2018. A few interesting ...
U.S. GDP includes four components. Moreover, each component has a specific weighting and hence, a certain level of influence on total GDP. This influence also changes over time based on a number of ...
China's economy led its European counterpart by leaps and bounds at the start of the Renaissance. China was so far ahead, in fact, that economic historian Eric L. Jones once argued that the Chinese ...
The Treasury's graph of the year shows GDP resuming its trend growth following the steep drop amidst the financial crisis. Unfortunately, something greater than trend is required to bring GDP back to ...
No surprises today: GDP in the third quarter grew significantly: The chart above is the normal look at GDP growth, but since the last two quarters featured such unusual behavior it might be better to ...
GDP plummeted 9.5 percent in the second quarter of the year, an annualized rate of 32.9 percent. Just in case that’s not dramatic enough for you, here’s a view of GDP that you don’t normally see: The ...
At 126 months, the United States is in its longest economic expansion in history, breaking the record of 120 months of economic growth from March 1991 to March 2001. The length of the economic ...
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