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Stagnation: You Can’t Feed A Family With G.D.P.

Stagnation: You Can’t Feed A Family With G.D.P.
By?Neil Irwin New York Times, September 16, 2014 The most important thing to know about the state of the United States economy was revealed in a report Tuesday morning that Wall Street barely noticed. Every year, the Census Bureau delivers a sweeping set of numbers that give the richest annual ... Read more

The Real ‘Real’ GDP

The Real ‘Real’ GDP
This past Friday, May 30, 2014, the US government released its revised estimates for the first quarter 2014 US Gross Domestic Product. The initial April estimate of GDP for the first quarter showed the US economy stagnating, at only a 0.1% growth rate. Last week’s revised data showed, however, a significant further downward ... Read more

U.S. Economy Slowed Sharply in First Half of 2011

Sluggish second quarter follows near stagnant first. By Peter Fulham Slate July 29, 2011   The U.S. economy suffered another quarter of sluggish economic growth from April to June, growing a mere 1.3 percent, according to a Commerce Department report released Friday. The numbers present the ... Read more