Showing posts with label GDP 2013. Show all posts
Showing posts with label GDP 2013. Show all posts
Saturday, December 28, 2013

Total Credit Market Debt Owed Has Grown Just 16% In 6 Years, The Smallest Increase On Record

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Between July 2007 and July 2013, total credit market debt owed (TCMDO) has grown just 16%, by barely $8 trillion. It's the smallest incr...
Friday, December 20, 2013

Q3 2013 GDP Third Estimate At 4.1%, But Inventories Constitute 41% Of That

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The BEA reports here : Real gross domestic product -- the output of goods and services produced by labor and property located in the United ...
Friday, December 6, 2013

Barack Obama's Unemployment Record Is Now Worse Than Reagan's

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Having grown up in the 1960s and lived through the terrible employment situation which prevailed in this country off and on from 1975 arguab...
Thursday, December 5, 2013

Second Estimate Of Q3 2013 GDP Rises To 3.6% From 2.8% In The Initial

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The report from the Bureau of Economic Analysis is here , showing Q3 2013 real GDP growing at a 3.6% clip.  1.68 points of the 3.6, however,...
Saturday, November 30, 2013

The Dallas Federal Reserve Bank Draws A Graph Showing How Much Obama Sucks

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Red is where we are. Green is where we should be. Obama is the worst president since he's been born. h/t James Pethokoukis
Thursday, November 7, 2013

GDP For Q3 2013 At 2.8% Annualized In The First Estimate, Released Today

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click to enlarge The report in pdf from the Bureau of Economic Analysis may be found here . The average report of GDP in 2013 now stands at ...
Monday, November 4, 2013

Federal Reserve GDP Projections For 2013 From June 2011, 2012, 2013

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In June 2011 the Fed's forecast for 2013 GDP was for between 3.5% and 4.2%. In June 2012 the forecast was reduced to between  2.2% and 2...
Tuesday, October 15, 2013

Janet Yellen's Crystal Ball Utterly Failed Her In May 2007: She Never Saw The Crisis Coming

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(as always, click on the image to enlarge) “Taking a longer view, I anticipate real GDP growth over the next two and a half years [2008 ...
Saturday, September 28, 2013

10-Year Treasury Rate Ends The Week At 2.64%

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The 10-year US Treasury Rate ended the week at 2.64%, 43% below the mean level going back to 1871. Despite the best efforts of the US Federa...
Thursday, September 26, 2013

Q2 2013 GDP 2.5% Annualized In 3rd Estimate, Nearly 11% Lower Than In 2012

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The full GDP report from the BEA is here . Subdued growth in the last three quarterly reports, 0.1% for the last quarter of 2012, 1.1% in Q1...
Thursday, August 29, 2013

Obama's Appallingly Bad GDP Reports For The Last 3 Quarters Average +1.23%

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Revised GDP Q2 2013 was reported this morning UP at 2.5% from 1.7%. Q1 remains at 1.1% and Q4 2012 remains at 0.1% Truly abysmal figures, de...
Sunday, August 18, 2013

Under Harry Truman Federal Spending Was Slashed More Than Two Thirds

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Between fiscal years 1945 and 1948 inclusive federal spending declined 67.85%, from $92.7 billion in 1945 to $29.8 billion in 1948. By the e...
Saturday, August 17, 2013

Kudlow Is Right That Obama's Glorious Immediate Post-War Never Existed, But Completely Misses The Spending Cut Angle

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Larry Kudlow, here : [S]peaking in Galesburg, Ill., this summer, Obama served up a convenient historical fairy tale: "In the period aft...
Wednesday, August 14, 2013

Ben Bernanke Is A World Class Thief And Should Be In Jail

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The average annual return to cash for the three years since July 2010 has been 0.04%, for example in VMMXX, Vanguard's Prime Money Marke...
Monday, August 5, 2013

The Kookiest Jobs Story In Months: Republican House Ways And Means Tallies Just 270k Full-Time Since 1-09

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Story here . What's next, 911 really was an inside job? Paul McCartney did die? To believe this number you have to believe all the numbe...
Friday, August 2, 2013

Obama Still The Worst For Unemployment: Above 7% For 56 Months Straight Since Elected

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The average report of unemployment under Reagan was 7.58%, the absolute worst record in the post-war until Obama, who for the 57 months sinc...
Wednesday, July 31, 2013

Rush Limbaugh Finds A GDP Conspiracy Where There Is None

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When it comes to numbers, I have observed that Rush Limbaugh can be counted on to get something horribly wrong, and today was no exception. ...

George W. Bush Falls To Last For GDP Performance Using 14th Comprehensive Revisions

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"I redefined the Republican Party" The revised GDP figures going back decades came out today, and may be conveniently viewed here ...

First Report Of Q2 2013 GDP At 1.7%, Q1 Revised Down To 1.1% From 1.8%, Q4 2012 Down To 0.1% From 0.4%

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The press release, excerpted below, from the BEA is here , the full pdf with the 14th revision of the comprehensive GDP data is here . The r...

CNBC Falls In Love With Its GDP Jailer: Average Report Of GDP 0.966% Last 3 Quarters

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The only thing GDP beat was poor expectations. The average report of GDP in the last three quarters is now 0.966%, thanks to 1.7% in Q2 2013...