gdp

(Sensual Shadows Photography)

What Are Americans Spending The Little Money They Have On?
By Ben Popken on October 27, 2011 1:00 PM   109 Comments
Processed vegetables up, eating out at Applebee's down. More »

(D Sharon Pruitt)

US Economy Grew 2.5% In Third Quarter, Department of Commerce Report Says
By Ben Popken on October 27, 2011 11:00 AM   24 Comments
Buoyed by brisker consumer and business spending, The American economy grew at an annualized rate of 2.5% in the third quarter, according to a report released this morning by the U.S. Department of Commerce, More »

(tobo)

Twenty Cities That Are Doing Better Than The Rest Of The Country
By Chris Walters on August 30, 2010 12:30 PM   81 Comments
The Daily Beast has come up with a list slideshow of 20 "recession-proof" cities across the U.S. The 20 that made the list each showed growth since 2007 in three categories: overall employment, per capita personal income, and metropolitan area gross domestic product (GDP). More »

Problem Solved! GDP Shows 3.5% Growth
By Meg Marco on October 29, 2009 3:53 PM   15 Comments

—>No, just kidding. We know you still don't have a job. The Commerce Department announced that the economy grew 3.5% in the third quarter — snapping the longest streak of economic contraction since 1947.  More »

Economy: GDP Down 6.1% Worst Performance In 50 Years
By Meg Marco on April 29, 2009 3:53 PM   42 Comments

—>Hey, guess what? The economy really sucks. The GDP dropped 6.1% annually, after plunging more than expected in the past few months. How much more than expected? Well, it's the worst six month drop since 1957-58.   More »

The GDP dropped 6.2% in the fourth quarter, the largest drop since 1982. Reuters says that a month ago the Commerce Department estimated that the economy shrank at a 3.8 percent pace in the October-December quarter. Whoopsies! [Reuters]  More »

Money Can Apparently Buy Happiness
By Carey Alexander on April 5, 2008 2:00 PM   30 Comments

—>Feeling down? Money might help, according to Betsey Stevenson and Justin Wolfers. The Wharton economists released a paper arguing that countries with higher gross domestic products have happier citizens. The study shatters the conventional wisdom known as the Easterlin Paradox, which holds that GDP and happiness are largely unrelated.  More »

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