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Posts tagged as: gdp

Why You’re Getting Poorer: iPhones Aren’t The Economic Engine Cars and Electricity Were

| August 31, 2015

Robert Gordon argues rising standards of living brought by cars, indoor plumbing and electricity can;t be replaced by iPhones and the internet. Martin Feldstein disagrees.

Consumer Confidence in Florida Hits Another Post-Recession High as US Economy Grows 4%

| July 30, 2014

The consumer-confidence report coincides with the Department of Commerce’s report Wednesday morning that the national economy grew at a brisk annual 4 percent rate in the second quarter, compared to a shrinking of 2.1 percent in the first quarter.

Economic Growth Contracts By 0.1 Percent In Worst Showing Since 2009, With Asterisks

| January 30, 2013

It is a sharp and unexpected decline from the previous quarter’s 3.1 percent growth rate, but may be due top one-time shocks, including a 22 percent decline in military spending and Hurricane Sandy. Several indicators, including personal spending and saving and residential investment, are encouraging.

Taxes, the Economy, the Stimulus: Separating Fiction from Fact

| August 21, 2011

Answers to recurring questions of the day: what’s the state of the economy, are Americans really as overtaxed as they think they are, and what has the 2009 economic stimulus accomplished–or not?

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