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GDP Shrinks Most in 50 Years
"GDP shrank at an annual rate of 6.1% according to the First Quarter 2009 Advance GDP Report."
GDP Report: The Good News
GDP Report: The Good News
calculatedriskblog.com — Although Q1 GDP was very negative due to the sharp investment slump (this was expected, see: Q1... GDP will be Ugly ), the decline in Q1 was weighted towards lagging sectors. Click on graph for larger image in new window. This table shows the ... (more) GDP Report: The Good News
Positive GDP As Soon As Next Quarter
Positive GDP As Soon As Next Quarter
businessinsider.com — This morning's headline GDP numbers were pretty horrific, but the Dow is up 110 points, perhaps because... of that one consumer spending green shoot. And as deep as the number is, it's possible we'll see positive growth very soon. So says Richard Moody ... (more) Positive GDP As Soon As Next Quarter
GDP Growth Rates for Beginners
GDP Growth Rates for Beginners
baselinescenario.com — For a complete list of Beginners articles, see Financial Crisis for Beginners . My post about French... sociology got a wide range of comments, ranging from “Without a doubt, your best post yet” to “Reading this post made me think, for the first time, of ignoring Baseline ... (more) GDP Growth Rates for Beginners
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GDP is . . .
ritholtz.com 2/28/2009 — The official GDP data is out, and its _____ (use comments to discuss) >
Estonian GDP Shrinks By An Annual 15.6% In The First Three Months Of 2009
fistfulofeuros.net 5/13/2009 — Well, the best thing that can be said about this is that it wasn’t as bad as the 18% contraction recorded in Latvia. Estonia’s economy contracted the most in at least 15 years in the first quarter, making it the second-worst performance in the European Union. Behind the number lay a ...
U.S. Economy: GDP Shrinks in Worst Slump in 50 Years (Update3)
bloomberg.com 4/29/2009 — April 29 (Bloomberg) -- The U.S. economy plunged again in the first quarter, making this the worst recession in at least half a century. Gross domestic product dropped at a 6.1 percent annual pace, weaker than forecast, after contracting at a 6.3 ...
Mostly Bad News: The GDP Release
delong.typepad.com 4/29/2009 — That crack reporter Insert Byline for CNBC reports on the real GDP decline: GDP Down 6.1% : The U.S. economy contracted at a surprisingly sharp 6.1 percent rate in the first quarter as exports and business inventories plummeted. The drop in ...
About that GDP Number
bonddad.blogspot.com 2/2/2009 — From the BEA: The decrease in real GDP in the fourth quarter primarily reflected negative contributions from exports, personal consumption expenditures, equipment and software, and residential fixed investment that were partly offset by positive ...
U.S. GDP
measuringworth.org 3/14/2009 — Gross Domestic Product (GDP) is the market value of all final goods and services produced within a country during a given time period. There are two ways to measure GDP: Nominal GDP is the dollar value of production at current-year prices. For ...
The Composition of GDP During the Recession
capitalgainsandgames.com 8/4/2009 — The big news today is the advance estimate of second quarter GDP, available here . The top line number is that GDP growth was -1.0% at an annual rate in the second quarter, an improvement from the growth rate of -6.4% in the first quarter. I think ...
Since When Is Plunging Trade ‘Good News’ for GDP?
cato-at-liberty.org 8/4/2009 — This morning’s Commerce Department report on second-quarter GDP contained what passes for good news these days: the U.S. economy shrank at an annual rate of only 1.0 percent in the April-to-June quarter. And in the twisted logic of conventional ...
GDP Friday
philstockworld.com 7/31/2009 — Can the S&P make 1,000 today? As we can see from AlphaTrends chart , that’s going to be a tough breakout and, even if we do make it, can we hold it?  In yesterday’s post  I said we were ready to switch off our brains and BUYBUYBUY the rally and our ...
GDP Is Down 1% — Not 3.8%
cato-at-liberty.org 1/30/2009 — The preliminary GDP estimate for the fourth quarter of 2008 is $11,599.4 billion (in 2000 dollars). That was 0.965% smaller than the third quarter — a figure commonly multiplied by four to convert it into a more dramatic 3.8% annual rate. But these ...
OverviewThe Economist: Full print edition
America’s GDP shrank at an annualised rate of 6.1% in the first quarter. This was worse than expected, though the pace of decline slowed slightly from the previous quarter’s 6.3% plunge. Consumer confidence shot up to 39.2 in April from ...