Browsing Posts In: GDP

June 28, 2013 Posted by: scott

With the exception of the strong housing market recovery, the broad U.S. economy continues to underperform.  This week data on the GDP growth of 1.8 percent in the first quarter was uninspiring.  The long-term historical average GDP growth is 3 percent.  After a recession, GDP tends to grow even faster at 4 to 6 percent […]

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February 26, 2013 Posted by: scott

Based on early estimates, economic activity closed 2012 on a mixed note. Though gross domestic product grew at 2.2 percent for the whole year, the fourth quarter results were disappointing, showing a 0.1 percent decline. A large 22.2 percent cut in defense spending at the federal level (coming after a surprisingly high defense spending growth […]

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October 26, 2012 Posted by: scott

Third quarter economic activity grew at 2.0 percent, which is decent but still subpar compared to the historical norm.  Gross Domestic Product (GDP) generally grows by three percent on average and should be growing closer to four to five percent after a recession in order to compensate for the losses during the recession.  So no […]

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September 27, 2012 Posted by: scott

In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses jobless claims and GDP growth. Two pieces of economic news for the real estate market: claims for unemployment insurance declined the week of September 22, and the Q2 GDP […]

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July 16, 2012 Posted by: scott

In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses retail sales and GDP growth. U.S. economic growth looks to be tepid heading into the November election.  Today’s data on retail sales is implying a very slow GDP growth […]

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Posted by: scott

In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses retail sales and GDP growth. U.S. economic growth looks to be tepid heading into the November election.  Today’s data on retail sales is implying a very slow GDP growth […]

... Read More

Posted by: scott

In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses retail sales and GDP growth. U.S. economic growth looks to be tepid heading into the November election.  Today’s data on retail sales is implying a very slow GDP growth […]

... Read More

June 28, 2012 Posted by: scott

In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses jobless claims and GDP. The drop in claims for unemployment insurance for the week ending June 23 and the double-digit growth in residential investment in 2012 Q1 is good […]

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June 5, 2012 Posted by: scott

The stock market has sunk by 10 percent from the March peak periods.  Back in March, I alluded to a likely topping off in the stock market because of impending soft economic data over the horizon.  Read that blog entry here > With an understanding that forecasting is a hazardous sport with many misses, I […]

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May 31, 2012 Posted by: scott

In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses the GDP. Gross domestic product (GDP) grew at slower pace of 1.9 percent in the first quarter of 2012, based on the revised estimate of the Bureau of Economic […]

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