GDP Archive

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...

2014 4th Quarter GDP

The U.S. economy grew in the final quarter of 2014, but at a slower pace.  A sizable reduction in national defense spending and weakening exports from the rising dollar were key reasons for the slower expansion.  Despite hitting the...

Third Quarter GDP: Production Boom, but Uneven Growth

There has been a boom in total production in the U.S. as the third quarter GDP grew at a 3.9 percent annualized rate.  This growth is on top of the 4.6 percent expansion in the second quarter.  Such a...

The Latest GDP

The broadest measurement of the U.S. economy (GDP) expanded solidly in the third quarter at a 3.55 percent annualized rate.  This  marks two straight quarters of robust growth.  Growth at this rate can accelerate future job creations.  Still, we...