Tag Archives: GDP

236,000 Jobs in February

Posted on March 8, 2013 at 2:00 pm by JM Ashby

It is not without caveats, but the latest report from the Bureau of Labor Statistics is good news. According to the latest data from the Bureau of Labor Statistics, 236,000 jobs were created last month, bringing the unemployment rate down … Continue reading →
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Posted in Economy, Jobs | Tagged , | 1 Comment

Stepping Down

Posted on February 11, 2013 at 8:00 pm by JM Ashby

Artist – David Fitzsimmons In other news, the economy probably didn’t shrink during the 4th quarter of 2012 as previously estimated. According to the Commerce Department, the U.S. trade deficit fell by 21 percent in December to just $38.6 billion, … Continue reading →
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Posted in Economy, Open Thread, Religion | Tagged , , | Leave a comment

Boehner Ball

Posted on November 29, 2012 at 8:00 pm by JM Ashby

Artist – Chris Weyant In other news, U.S. GDP growth has been adjusted to 2.7 percent, up from a prior estimate of 2.0 percent.

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Everything is a Conspiracy

Posted on October 27, 2012 at 1:30 pm by JM Ashby

The polls are a conspiracy. Lower unemployment is a conspiracy. Libya is a conspiracy. And apparently the GDP is a conspiracy. via Media Matters At 1:20 Hemmer: We just mentioned government spending has increased, what’s that about? Varney: Well here … Continue reading →

Posted in Wingnuts | Tagged , , , | 9 Comments

GDP Growth Beats Expectations

Posted on October 26, 2012 at 3:00 pm by JM Ashby

Good news — GDP grew by an annual rate of 2 percent in the third quarter, up from 1.3 percent in the second quarter. The U.S. economy expanded more than forecast in the third quarter, paced by a pickup in … Continue reading →

Posted in Economy | Tagged , , | 2 Comments

Are You Better Off Than You Were Four Years Ago?

Posted on September 3, 2012 at 7:28 am by Bob Cesca

My Monday column answers the question posed by Mitt Romney last week with a very loud YES! In a speech filled with misleading statements and nostalgic lines about how wonderful life used to be before President Obama was inaugurated, the … Continue reading →

Posted in The Daily Banter | Tagged , , , , , , , , , , | 2 Comments

Let Them Go Bankrupt!

Posted on June 5, 2012 at 6:15 pm by JM Ashby

New data released today by the Bureau of Economic Analysis revealed that Michigan, the home of the American auto-industry, had the sixth highest rate of growth in the nation in 2011. Michigan’s economy grew at a rate of 2.3 percent … Continue reading →

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Good News for the Economy

Posted on March 29, 2012 at 4:30 pm by JM Ashby

Good news. Revised estimates of economic growth for the end of 2011 reveal that the economy may be recovering quicker than anyone had anticipated. There is a pleasant surprise in the latest batch of economic data released Thursday by the … Continue reading →

Posted in Economy | Tagged , , , , | 4 Comments

The Stimulus Worked

Posted on February 23, 2012 at 7:37 am by Bob Cesca

And the Republicans are lying about it: The Congressional Budget Office said Wednesday that President Obama’s 2009 stimulus package continues to have a significant effect. The bill raised fourth-quarter 2011 gross domestic product by as much as 1.5 percent, it … Continue reading →

Posted in Economy | Tagged , , , , | 5 Comments

Chart of the Day

Posted on January 29, 2012 at 11:37 am by Bob Cesca

The economy is growing and the Republican presidential candidates are lying about it. Via Steve Benen from his new place at Maddow Blog the latest GDP numbers in context: Benen notes: It’s important to realize, though, that 2.8% growth is … Continue reading →

Posted in Economy | Tagged , , , | 2 Comments