Over the last hundred years, A.movements in output due to recessions and recoveries dominate the movement caused by long-run growth.B.output has decreased in as many years as it has increased.C.U.S. output has approximately doubled.D.all of the aboveE.none of the above...
USA ꟷ America's real monthly GDP "rose by a month-to-month annualized rate of 1.9 percent in September," said Professor Evangelos Simos, Editor-in-Chief. Today's flash estimate released by Monthly GDP Warp Digest reflects last month's official history revisions, and latest monthly data, v...
In the last 52-week period, First Republic's stock has fallen from $171.00 to the current $8.00 price level. Who could imagine loaning out mortgage funding for multi-million homes with sub-3% loans and waiving principal payments for ten years, and something terrible might happen with the...
Wieting said there is no clear message from the softer-than-expected August data, which also showed up in weaker ISM manufacturing and service-sector data in the last several days. Recessions have occurred 3X as often in the first year of a new president as other years "Recession during a ...
“As the last of the wave began to enter the workforce, the out-of-work babyboomers began to “pile up” on each other, and by the early 70’s, when the wave was complete, there were huge swarms of unemployed new graduates.” ...
The relationship between recessions and productivity growth has been the focus of an important body of theoretical and empirical research in the last two decades. We contribute to this literature by presenting new evidence on the evolution of productivity in the aftermath of recessions. Our method al...
Historically,during our last two recessions in ninety-one and two thousand one it's taken twenty-three months in ninety-one and about thirty-six months,three years,in our last recession in two thousand one for the United States to regain the jobs lost in the recession...
As the saying goes, last in, first out. It's particularly true for young workers in recessions when the impact on their earnings can last a lifetime. Previous studies have found that the unemployment rate foryoung workersin the 21-to-25-year-old range increases twice as fast when the eco...
Last month I referenced Doug Short’s article (seeVisualizing GDP: An Inside Look at the Q2 Advance Estimate) that describes the second quarter GDP which was impacted by strong personal consumption spending and weak private investment (inventories). Since then Lance Roberts wrote, “…the majority...
Along those same lines,Morningstarhas found that most “tactical asset allocation” funds have had a hard time beating the simple-and-cheap Vanguard Balanced Index Fund (VBINX), which is basically just two index funds in a fixed 60% stock/40% bond ratio. The 10-year returns are in the ...