Progressive Radio Network

Gross domestic product

Federal Reserve officials will probably cut their forecasts for economic growth when they gather again next month, though not enough to deter their intent to raise…
Did you know that there is more than $28,000 of debt for every man, woman and child on the entire planet?  And since close to…
Data released last week by the U.S. government showed the U.S. economy came to a near halt in the first three months of 2015, falling…
Today’s payroll jobs report is more of the same. The Bureau of Labor Statistics claims that 223,000 new jobs were created in April. Let’s accept…
The announcement today (April 29) of a barely positive GDP first quarter 2015 growth rate of 0.2 percent (two-tenths of one percent) is an intentional…
The stock market has recovered sharply from the lows hit in the financial crisis. All the major indices are at or near record highs. This…
The 2015 World Happiness Report, published today, ranks Canada fifth for subjective well-being among 158 countries worldwide. Canada has moved up one place in the rankings…
In addition to the EIA's amusing oil price forecast, which as noted previously leaves quite a bit to be desired considering it was a year ago that…
The Labor Department reported the U.S. economy created 126,000 jobs in March. This was a sharp slowdown from the 290,000 average over the prior three…
For many years inequality in income and wealth received little attention in public debate and was only a minority interest in the economics profession. GDP…
After spending five long years negotiating the Trans-Pacific Partnership trade agreement, the Obama administration is now pushing for the fast-track authority from Congress that would…
The higher financial markets rise, the harder they fall.  By any objective measurement, the stock market is currently well into bubble territory. Anyone should be…