GDP Archive

Latest GDP (Second Quarter 2015)

The nation’s economy is humming along unspectacularly. GDP rose by 2.3 percent in the second quarter. Based on year-to-date activity and many other recent economic data, the year 2015 will again mark another subpar GDP growth. Slow growth is...

Latest Retail Sales (May 2015)

Consumers spent more, though not very robustly. That is still enough to propel the economy ahead and create jobs.  Because of the stronger sales gain via ecommerce, the demand for warehouse spaces will rise at a faster rate than...

Latest GDP Growth (First Quarter 2015)

An abysmal first quarter as GDP shrank 0.7 percent.  Because a large portion of the decline was attributed to a one-off adjustment, GDP should move to positive growth from the second quarter.  The job gains will continue and reach...

Latest Consumer Price Inflation (April 2015)

There is no inflation.  The Federal Reserve can therefore relax and not hurry in raising rates.  However, housing costs continue to rise above the comfort level. Specifically, the Consumer Price Index declined 0.1 percent in April over the past...

Latest GDP (2015 Q1)

The latest GDP growth rate was next to nothing.  Without GDP, job growth and home sales will come to a halt.  Luckily, the weak growth in the first quarter appears to be a one-off event.  The upcoming GDP numbers...