Posts Tagged ‘government consumption’

The Shape Of The Recovery In The US

The bounce is on in the United States, with real GDP growth forecast to surge to 2.8% in 2010. And yet, the spike in headline growth will not translate into much better job conditions nor re-inflation of prices in the crucial real estate market. On this week’s podcast, Business Monitor Chief Economist Tim Cooper discusses… [Read more]

 
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US: Q1 GDP A Stinker, But Not A Shocker

The US Q1 GDP numbers released yesterday were, bluntly put, a horror show. They were not, however, wholly unexpected by yours truly — I had expected a slightly better but still dismal outturn compared with Q408′s -6.3% q-o-q annualised number. And that’s basically what we got: a -6.1% reading. Have a look at the underlying… [Read more]


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